Fed. Sec. L. Rep. P 96,399 Kenneth N. Nelson v. O. E. Serwold and Helen Serwold, His Wife, Kenneth N. Nelson v. O. E. Serwold and Helen Serwold, His Wife

576 F.2d 1332 Fed. Sec. L. Rep. P 96,399 Kenneth N. NELSON, Plaintiff-Appellant, v. O. E. SERWOLD and Helen Serwold, his wife, Defendants-Appellees. Kenneth N. NELSON, Plaintiff-Appellee, v. O. E. SERWOLD and Helen Serwold, his wife, Defendants-Appellants. Nos. 76-1001, 75-3833. United States Court of Appeals, Ninth Circuit. April 3, 1978. Rehearing En Banc Denied in No. 76-1001 June 26, 1978. William D. Cameron (argued) of Williams, Lanza & Kasterner & Gibbs, Seattle, Wash., for Kenneth N. Nelson. William A. Helsell (argued), of Helsell, Fetterman, Martin, Todd & Hokanson, Seattle, Wash., for O. E. and Helen Serwold. Appeal from the United States District Court for the Western District of Washington. Before KOELSCH and WRIGHT, Circuit Judges, and CALLISTER, District Judge. * PER CURIAM: 1 The plaintiff, Kenneth N. Nelson, was awarded.$3,003.48 plus interest and costs in this 10b-5 action against defendants Serwold. They were found to have violated Rule 10b-5 of the regulations promulgated under § 10(b) of the 1934 Securities and Exchange Act (hereinafter "Act"), and its Washington counterpart, RCW § 21.20.010, by failing to reveal the existence of the…