Fed. Sec. L. Rep. P 96,291 Crocker-Citizens National Bank, a National Banking Association v. Control Metals Corporation, Wayne Dougherty, William C. Ogle, Pete Buffo, Nat Rosenberg, James E. MacK James H. Fors and George S. Smith, Crocker-Citizens National Bank, a National Banking Association, Counter-Defendant-Appellant v. Wayne Dougherty, Counter-Claimant

566 F.2d 631 Fed. Sec. L. Rep. P 96,291 CROCKER-CITIZENS NATIONAL BANK, a National Banking Association, Plaintiff-Appellant, v. CONTROL METALS CORPORATION, Wayne Dougherty, William C. Ogle, Pete Buffo, Nat Rosenberg, James E. Mack, James H. Fors and George S. Smith, Defendants-Appellees. CROCKER-CITIZENS NATIONAL BANK, a National Banking Association, Plaintiff, Counter-Defendant-Appellant, v. Wayne DOUGHERTY, Counter-Claimant Defendant-Appellee. Nos. 75-2140 and 75-2955. United States Court of Appeals, Ninth Circuit. Dec. 7, 1977. Rehearing Denied Jan. 24, 1978. Robert H. Edwards (argued) of MacDonald, Halsted & Laybourne, Los Angeles, Cal., for plaintiff-appellant. Lawrence P. Grassini, Hurley & Grassini (argued), North Hollywood, Cal., for defendants-appellees. Appeal from the United States District Court for the Central District of California. Before TUTTLE, * BARNES and WALLACE, Circuit Judges. WALLACE, Circuit Judge: 1 Crocker-Citizens National Bank (the bank) brought suit against Control Metals Corporation (Control Metals), Dougherty, Ogle, Buffo, Rosenberg, Mack, Fors and Smith, seeking damages based on alleged violations of Section 10(b) of the Securities Exchange…