Arrington v. Merrill Lynch

651 F.2d 615 Fed. Sec. L. Rep. P 98,237 Clyde O. ARRINGTON and Joy M. Arrington, Plaintiffs-Appellants and Cross- Appellees, v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., a Delaware corporation, and James Richie, Defendants-Appellees and Cross-Appellants. Nos. 77-3911, 77-3924. United States Court of Appeals, Ninth Circuit. Argued and Submitted July 3, 1980. Decided Jan. 16, 1981. Ronald P. Arrington, Caldwell & Toms, Newport Beach, Cal., for arrington. Robert H. Edwards, MacDonald, Halsted & Laybourne, Los Angeles, Cal., for Lynch. Peter Brown Dolan, Overton, Lyman & Prince, Los Angeles, Cal., for defendants-appellees and cross-appellants. Appeal from the United States District Court for the Central District of California. Before WALLACE and SKOPIL, Circuit Judges, and EAST, * District Judge. The opinion filed in this case on November 3, 1980 is withdrawn. The attached Amended Opinion is ordered filed. The mandate shall issue forthwith. Counsel shall hereafter direct all correspondence through the Clerk of the Court in accordance with the rules of the United States Court of Appeals for the Ninth Circuit, Rule 1. AMENDED OPINION SKOPIL, Circuit Judge:…