142588P.pdf   08/18/2015  Ben Doud  v.  Toy Box Development Co.
   U.S. Court of Appeals Case No:  14-2588
   U.S. District Court for the Southern District of Iowa - Des Moines   
   [PUBLISHED] [Bye,Author, with Smith, Circuit Judge and Schiltz, District 
   Judge] 
   Civil case - Securities law. The district court did not err in granting 
   plaintiff summary judgment on his Rule 10b-9 claim as the evidence showed 
   defendant broke escrow without having the necessary funds required by the 
   offering's "all on nothing' provision and then misrepresented to investors 
   that it had reached the minimum capital required by its offering; 
   plaintiff's evidence also established his Rule 10b-5 claim; plaintiff 
   proved a violation of Iowa Code Section 502.509(2); the district court did 
   not err in granting plaintiff summary judgment on his breach of contract 
   claim.