Court of Appeals for the Ninth Circuit March 26, 1982, Nos. 78-3301, 78-3451 (Kramas v. Security Gas & Oil Inc.)

BROWNING, Chief Judge:

Joseph Kramas purchased limited partnership interests in three oil and gas drilling projects in which Security Gas & Oil, Inc. (SEGO) was the general partner. Raymond Miller and Emanuel Rappoport were officers of SEGO and James Barrons was Kramas’ stockbroker.