Fed. Sec. L. Rep. P 93,056 Verne Buhler v. Audio Leasing Corp., a New Hampshire Corporation, Etc., Anchor National Financial Services, Inc., a Delaware Corporation, Defendant- Norma J. Cleveland v. Jerden Industries, Inc., a Washington Corporation, Anchor National Financial Services, Inc., a Delaware Corporation, Defendant

807 F.2d 833 Fed. Sec. L. Rep. P 93,056 Verne BUHLER, et al., Plaintiffs-Appellants, v. AUDIO LEASING CORP., a New Hampshire corporation, etc., et al., Defendants, Anchor National Financial Services, Inc., a Delaware corporation, Defendant- Appellee. Norma J. CLEVELAND, et al., Plaintiffs-Appellants, v. JERDEN INDUSTRIES, INC., a Washington corporation, et al., Defendants, Anchor National Financial Services, Inc., a Delaware corporation, Defendant- Appellee. Nos. 85-4094, 85-4366. United States Court of Appeals, Ninth Circuit. Argued and Submitted Nov. 4, 1986. Decided Jan. 6, 1987. As Amended Jan. 13, 1987. Judith L. Neustadter, Gary M. Berne, Stoll & Stoll, P.C., Portland, Or., for plaintiffs-appellants. Jeffrey B. Wihtol, Cooney, Crew & Wihtol, Portland, Or., for defendant-appellee. Appeal from the United States District Court for the District of Oregon. Before ANDERSON, HUG, and CANBY, Circuit Judges. J. BLAINE ANDERSON, Circuit Judge: 1 What constitutes a controlling person under the federal securities laws? While we have previously considered this question, we address it again today in hopes of dissipating some of the uncertainty obscuring this often litigated area…