Securities and Exchange Commission v. Douglas E. Patty, Kenneth R. Thompson, Helen S. Wilson, Roger A. Saevig, and Herbert E. Slezinger, Jr.

891 F.2d 295 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. Douglas E. PATTY, Kenneth R. Thompson, Helen S. Wilson, Roger A. Saevig, Defendants, and Herbert E. Slezinger, Jr., Defendant-Appellant. No. 88-6395. United States Court of Appeals, Ninth Circuit. Argued and Submitted May 1, 1989. Decided Dec. 1, 1989. Before SNEED, REINHARDT, and BRUNETTI, Circuit Judges. 1 MEMORANDUM * 2 Slezinger appeals from the district court's order granting summary judgment against him for violation of § 10(b) of the Securities Act of 1934, 15 U.S.C. § 78 (j)(b) (1982), and SEC Rule 10b-5, 17 CFR § 240 .10b-5 (1987). 3 In 1983, the SEC brought an action against five former directors and officers of the Heritage Bank, and its parent company, Heritage Bancorp, for securities violations in connection with the sale of Heritage stock. 1 Specifically, the SEC charged that the defendants, including Slezinger, manipulated…