Court of Appeals for the Fifth Circuit April 27, 1981, 80-7976 (Ernest T. Stevens, George T. Stevens v. Robert E. Lowder, Thomas Lowder)

PER CURIAM:

Plaintiffs appeal from the district court’s dismissal of this action due to their lack of standing. This class action was brought by stockholders of a bank in an Alabama state court against defendants for compensatory and punitive damages on charges of fraud, breach of confidential relationship, and conspiracy to destroy Southern National Bank in connection with the purchase of the