Blue Sky L. Rep. P 71,749 Ronnie Cole v. Ppg Industries, Inc., Ronnie Cole v. Ppg Industries, Inc.

HENLEY, Senior Circuit Judge.

This appeal and cross-appeal involve a series of transactions between the parties occurring from 1973 to 1977. PPG Industries, Inc. (PPG) has appealed the district court’s 1 order allowing Cole to recover a total of $45,000.00 paid to- PPG on three separate occasions during this period for the sale of unregistered securities. Cole has cross-appealed that portion of the district court’s judgment allowing PPG recovery on its $10,000.00 counterclaim based on Cole’s written guaranty for inventory purchased by Car Color and Supply, Inc. on open account. For reasons to…