Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ca5-09-11214/USCOURTS-ca5-09-11214-0/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 

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IN THE UNITED STATES COURT OF APPEALS

FOR THE FIFTH CIRCUIT

No. 09-11214

TRUK INTERNATIONAL FUND LP

Plaintiff-Appellant

v.

DAVID W. WEHLMANN; RANDALL BOYD; DONALD W. NIEMIEC; ROBERT

L. GAUDIN; WILLIAM O. POWELL, III; CANACCORD ADAMS INC;

CANACCORD CAPITAL CORPORATION; CANO PETROLEUM, INC.; S.

JEFFREY JOHNSON; MORRIS B. SMITH; BEN DAITCH; MICHAEL J.

RICKETTS; PATRICK MCKINNEY,

Defendants-Appellees

Appeal from the United States District Court

for the Northern District of Texas

USDC No. 4:09-CV-00308-A

Before KING, HIGGINBOTHAM, and GARZA, Circuit Judges.

PER CURIAM:

*

Truk International Fund, LP (“Truk”), a mutual fund, appeals the district

court’s order dismissing its class action complaint, in which Truk alleged

violations of sections 11, 12(a)(2) and 15 of the Securities Act of 1933 by Cano

Petroleum, Inc., various individual defendants who are officers or directors of

United States Court of Appeals

Fifth Circuit

F I L E D

August 4, 2010

Lyle W. Cayce

Clerk

Pursuant to 5TH CIR. R. 47.5, the court has determined that this opinion

*

should not be published and is not precedent except under the limited

circumstances set forth in 5TH CIR. R. 47.5.4.

 Case: 09-11214 Document: 00511194347 Page: 1 Date Filed: 08/04/2010
No. 09-11214

Cano (collectively “Cano”), and the underwriters of the offering, related to an

offering of Cano securities. We have reviewed the record and the parties’ briefs

and oral arguments. We AFFIRM essentially for the reasons given by the able

district court.

2

 Case: 09-11214 Document: 00511194347 Page: 2 Date Filed: 08/04/2010