F. O. Majors v. American National Bank

Douglas J. Moore and eight other individuals (hereinafter Moore, et al.), as purchasers of securities, filed in the United States District Court for the Northern District of Alabama a class action under the provisions of Rule 23, Federal Rules of Civil Procedure, basing Federal jurisdiction upon the Securities Act of 1933, the Securities-Exchange Act of 1984, Rule 10-B-5 of the Securities-Exchange Commission, Rule 15c 1-2 of the Securities-Exchange Commission and the Mail Fraud Statute. F. 0. Majors (hereinafter Majors) was named a party defendant along with Delta Securities Company which was…