House v. Aiken County National Bank

ORDER

DUFFY, District Judge.

This matter is before the Court upon Magistrate Judge Bristow Marehant’s recommendation that the Defendants’ motion to dismiss, treated as a motion for summary judgement, be granted, without prejudice, and that Defendants’ motion for sanctions be denied.

I. PROCEDURAL BACKGROUND

The Plaintiffs, pro se, filed this action on June 2,1994, alleging various securities violations by the named Defendants. This action arises out of Defendant Aiken County National Bank (“ACNB”) obtaining possession of a stock certificate from Plaintiffs repre*1286senting a controlling interest in a…