Boone v. Carlsbad Bancorporation, Inc.

HOLLOWAY, Senior Circuit Judge **.

Plaintiffs, former minority shareholders of Carlsbad National Bank (CNB), appeal from various orders in the United States District Court for the District of New Mexico whereby the court granted summary judgment on certain of plaintiffs’ claims and dismissed others for failing to state a claim. The court dismissed plaintiffs’ remaining state law claims by declining to exercise pendent jurisdiction. We affirm.

I

THE FACTUAL BACKGROUND

The following facts, asserted in plaintiffs’ second and third amended complaints, are taken as true for purposes of this appeal.1

Thi…