Kennedy v. Tallant
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
LEWIS R. MORGAN, Senior Circuit Judge:
The District Court for the Southern District of Georgia concluded that appellants Fred C. Tallant, Sr., and William M. Wom-ack, Jr., violated Rule 10b-5, as adopted and promulgated by the Securities Exchange Commission pursuant to Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), in connection with the sale of class A common stock of the Preferred Land Corporation (PLC). This appeal challenges the district court’s conclusion on several grounds. We affirm.
Tallant, Womack, and C. Jon Erwin promoted and organized PLC under Georgia Law…
2Cases cited25 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
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- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
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