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ADAMS v. CAVANAGH COMMUNITIES CORP.

No. 81 C 7332.

669 F.Supp. 870 (1987)

Richard & Valerie ADAMS, et al., Plaintiffs, v. CAVANAGH COMMUNITIES CORPORATION, Ed McMahon, Joseph Klein, Zola Klein, Cavanagh Land Sales Corp. and John Sgarlat, Defendants.

United States District Court, N.D. Illinois, E.D.

September 2, 1987.

Attorney(s) appearing for the Case

Stephen J. Spitz, Eugene J. Frett, Sperling, Slater & Spitz, Chicago, Ill., for plaintiffs.

Wilber H. Boies, Lawrence Zabinski, McDermott, Will & Emery, Chicago, Ill., Victor Schwartz, Philadelphia, Pa., Steven D. McCormick, Kirkland & Ellis, Richard J. Hoskins, Schiff, Hardin & Waite, Chicago, Ill., Richard S. Kraut, Schiff, Hardin & Waite, Washington, D.C., for defendants.

MEMORANDUM OPINION AND ORDER

NORDBERG, District Judge.

This seven-count complaint, filed on behalf of over one thousand plaintiffs, alleges that defendants Cavanagh Communities Corp. ("Cavanagh Communities"), Cavanagh Land Sales Corp. ("Cavanagh Land Sales"), Ed McMahon, Joseph and Zola Klein ("the Kleins") and John Sgarlat perpetrated a comprehensive land fraud scheme which defrauded plaintiffs and other investors of millions of dollars. The parties are...

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