District Court, S.D. Alabama December 19, 1986, No. 84-1266-C (Hensley v. E.F. Hutton & Co.)

ON DEFENDANTS’ REQUEST FOR THE IMPOSITION OF SANCTIONS UNDER FED.R.CIV.P. 11

EMMETT RIPLEY COX, District Judge:

This securities action was commenced by the filing of a complaint alleging that defendant E.F. Hutton and one of its employees, defendant Bill Hanlein, violated various securities laws and rules in its sale of corporate stock to plaintiffs.