Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
P, shareholders, sued Wofinbarger (D), various corporate directors, officers and controlling persons, claiming violations of federal and state securities laws, fraud and other wrongs. The Court transferred the cause to the Southern District of Alabama under 28 U.S.C. §1404(a). P appealed by interlocutory appeal under 28 U.S.C. §1292(b) and by a petition for writ of mandamus against the District Judge. The appeals court granted permission for a §1292(b) appeal reserving determination of the appropriateness of the appeal for consideration along with the merits. P contends that they are entitled under securities law to have the matter heard in their choice of forum.
Issues
The legal issues presented in this case will be displayed here.
Holding & Decision
The court's holding and decision will be displayed here.
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
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