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ROTSTEIN v. REYNOLDS & CO.

No. 72 C 2763.

359 F.Supp. 109 (1973)

David ROTSTEIN, on behalf of himself and all others similarly situated, Plaintiff, v. REYNOLDS & CO., a partnership, et al., Defendants.

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

May 30, 1973.

Attorney(s) appearing for the Case

William M. Ward and Michael J. Hogan, Ward, Lussier & Dee, Chicago, Ill., for plaintiff.

Hamilton Smith, John H. McDermott, and Larry E. Ribstein, McDermott, Will & Emery, Chicago, Ill., on behalf of defendants Reynolds & Co., a partnership; Reynolds Securities Inc., a corporation; and Robert Schell.

Leon E. Lindenbaum, and William F. Coale, Walsh, Case & Coale, Associated, Chicago, Ill., on behalf of defendant Automated Marketing Systems, Inc., a corporation.

Burton Y. Weitzenfeld, John F. McClure, and Michael R. Turoff, Chicago, Ill., on behalf of defendant Monterey Life Systems, Inc., a corporation.

MEMORANDUM OPINION AND ORDER

AUSTIN, District Judge.

In this case plaintiff seeks damages under state and federal securities laws from two broker-dealer defendants and two issurers of securities, Automated Marketing Systems, Inc. ("Automated") and Monterey Life Systems, Inc. ("Monterey"). The broker-dealer defendants have filed a motion to dismiss certain portions of the complaint for failure to state a claim. To the extent and for the reasons indicated...

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