Barker v. FSC Securities Corp.
District Court, W.D. Arkansas
1Opinion of the Court
MEMORANDUM OPINION
MORRIS SHEPPARD ARNOLD, District Judge.
Between 1975 and 1988, Gene Flannes served as manager of the corporate defendants’ branch office in Hot Springs, Arkansas. Flannes promised plaintiffs that he would place their money in securities or other investments, but instead converted their funds to personal use. After Flannes disappeared from Hot Springs in 1988, plaintiffs filed this suit against Flannes’s present and former corporate employers, as well as various officials and stockholders of such employers, alleging securities fraud, common-law fraud, conversion, breach of…
2Cases cited15 opinions
- Robert La Mar v. H & B Novelty & Loan Company, Ronald J. Kinsling v. Allegheny AirlinesCourt of Appeals for the Ninth Circuit · 1973
- Crist v. Wal-Mart Stores, Inc.Supreme Court of the United States · 1989
- In re Itel Securities LitigationDistrict Court, N.D. California · 1981
- Akerman v. Oryx Communications, Inc.District Court, S.D. New York · 1984
- In Re ORFA Securities LitigationDistrict Court, D. New Jersey · 1987
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3Cited by8 opinions
- Wash. Mut. Bank v. Superior Court of Orange Cty.California Supreme Court · 2001
- Chipman v. Northwest Healthcare Corp.Montana Supreme Court · 2012
- In re Tri-State Crematory LitigationDistrict Court, N.D. Georgia · 2003
- Texas Commerce Bank National Ass'n v. Wood, Texas Court of Appeals, 13th District1999
- FSC Securities Corp. v. McCormackMississippi Supreme Court · 1994
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