Court of Appeals for the Eleventh Circuit February 10, 1983, 81-5320 (Westcap Government Securities, Inc. v. Homestead Air Force Base Federal Credit Union)

TJOFLAT, Circuit Judge:

Westcap, a Texas corporation (known as Hibbard & O’Connor Government Securities, Inc. when this litigation commenced), sued Homestead Air Force Base Federal Credit Union (the “Credit Union”) and its officers and directors in the district court alleging federal securities law violations, breach of contract, and common law fraud and deceit.