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IN RE FOUR SEASONS SECURITIES LAWS LITIGATION

No. 55.

331 F.Supp. 559 (1971)

In re FOUR SEASONS SECURITIES LAWS LITIGATION. Northern District of Illinois, Civ. Action No. 70 C 1913. Northern District of Illinois, Civ. Action No. 70 C 3107. Northern District of California, Civ. Action No. C-70-2721-LHB. Southern District of New York, Civ. Action No. 71 Civ. 719.

Judicial Panel on Multidistrict Litigation.

August 25, 1971.

OPINION AND ORDER

PER CURIAM.

The financial collapse of Four Seasons Nursing Centers of America, Inc. and its related corporations led to the filing of ten stockholder actions alleging that the corporate officers, directors, underwriter and others had violated the federal securities laws. In an earlier opinion, the Panel concluded that the conflicting class claims and the common factual background alleged in these actions required their transfer under section...

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