Truk International Fund LP v. David Wehlmann, et al

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Truk International Fund LP v. David Wehlmann, et al

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Case: 09-11214

Document: 00511194347

Page: 1

Date Filed: 08/04/2010

IN THE UNITED STATES COURT OF APPEALS United States Court of Appeals FOR THE FIFTH CIRCUIT Fifth Circuit FILED
N o . 09-11214 August 4, 2010 Lyle W. Cayce Clerk T R U K INTERNATIONAL FUND LP P la in t if f -A p p e lla n t v. D A V I D W. WEHLMANN; RANDALL BOYD; DONALD W. NIEMIEC; ROBERT L . GAUDIN; WILLIAM O. POWELL, III; CANACCORD ADAMS INC; C A N A C C O R D CAPITAL CORPORATION; CANO PETROLEUM, INC.; S. J E F F R E Y JOHNSON; MORRIS B. SMITH; BEN DAITCH; MICHAEL J. R I C K E T T S ; PATRICK MCKINNEY, Defendants-Appellees

A p p e a l from the United States District Court fo r the Northern District of Texas U S D C No. 4:09-CV-00308-A

B e fo r e KING, HIGGINBOTHAM, and GARZA, Circuit Judges. P E R CURIAM:* T r u k International Fund, LP ("Truk"), a mutual fund, appeals the district c o u r t's order dismissing its class action complaint, in which Truk alleged v io la t io n s of sections 11, 12(a)(2) and 15 of the Securities Act of 1933 by Cano P e t r o le u m , Inc., various individual defendants who are officers or directors of

P u r s u a n t to 5TH CIR. R. 47.5, the court has determined that this opinion s h o u ld not be published and is not precedent except under the limited c ir c u m s t a n c e s set forth in 5TH CIR. R. 47.5.4.

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Case: 09-11214

Document: 00511194347 Page: 2 No. 09-11214

Date Filed: 08/04/2010

C a n o (collectively "Cano"), and the underwriters of the offering, related to an o ffe r in g of Cano securities. We have reviewed the record and the parties' briefs a n d oral arguments. We AFFIRM essentially for the reasons given by the able d is t r ic t court.

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