Opinion ID: 384985
Heading Depth: 1
Heading Rank: 2

Heading: issues

Text: 10 Primarily, appellants raise the following issues on the 10b-5 claim: 11 1) Whether appellee's announcement the first day of trial that it would not present evidence on the 10b-5 claim constituted a dismissal of the claim. 12 2) The requirements of a due diligence defense. 13 3) The requirements for liability under the controlling person doctrine. 14 4) Whether an extreme form of recklessness suffices as the required scienter under 10b-5. 15 5) Whether the 1933 Act requires contracts to buy and sell GNMA securities to be registered. 16 6) Whether the court erred in the amount of the judgment on the 10b-5 claim. 17 7) Whether appellee proved the debt and thus damages. 18 Appellants raise numerous other issues relating to the misappropriations claim. Inter alia, they challenge rulings of the court: 19 1) That the return of a nulla bona on appellee's judgment against Lincoln was not necessary for appellee to recover from appellants under the misappropriation count. 20 2) That Lincoln was insolvent at the time of the alleged misappropriations, a requirement for recovery under the misappropriation count.