Kersh v. General Council of the Assemblies of God
Court of Appeals for the Ninth Circuit
1Opinion of the Court
CHOY, Senior Circuit Judge:
Lucille Kersh and others (“Kersh”) appeal the grant of summary judgment in favor of the defendants, the General Council of the Assemblies of God (“General Council”) and the Assemblies of God Northern California and Nevada District Council (“District Council”). The district court held that the defendants were not secondarily liable under section 20(a) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78t (a), for the alleged fraudulent activity of the Christian Life Center (“CLC”), a local Assembly of God church. We affirm.
BACKGROUND
In 1972, CLC raised funds…
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