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JANNES v. MICROWAVE COMMUNICATIONS, INC.

No. 69 C 2252.

325 F.Supp. 896 (1971)

Nicholas JANNES and Jannes Associates, Inc., an Illinois corporation, Plaintiffs, v. MICROWAVE COMMUNICATIONS, INC., an Illinois corporation, et al., Defendants.

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

January 8, 1971.

Attorney(s) appearing for the Case

Thomas W. Conklin, Tasso H. Coin, and George E. Faber, Chicago, Ill., for plaintiffs.

Clarold L. Britton, Jenner & Block, Chicago, Ill., for Microwave Communications, Inc., Thomas J. Hermes, Leonard Barrett, Nick Philips and Philip Pree.

Jay Erens and Peter R. Monahan, Chicago, Ill., for William G. McGowan and Microwave Communications of America, Inc.

Francis J. Higgins, Bell, Boyd, Lloyd, Haddad & Burns, Chicago, Ill., for MCI New York West, Inc.

Reuben L. Hedlund, Donald G. Kempf, Jr., and Kirkland, Ellis, Hodson, Chaffetz & Masters, Chicago, Ill., for John D. Goeken.

MEMORANDUM AND ORDER ON DEFENDANTS' MOTIONS TO DISMISS

ROBSON, District Judge.

The defendants move to dismiss the second amended complaint in this action purportedly brought under Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j, and Rule 10(b)-5 promulgated thereunder. This court is of the opinion this action should be dismissed because of the plaintiffs' repeated and flagrant disregard of the directives set forth in Rule 8(a)...

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