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IN RE ALODEX CORPORATION SECURITIES LITIGATION

M.D.L. No. 165.

392 F.Supp. 672 (1975)

In re ALODEX CORPORATION SECURITIES LITIGATION.

United States District Court, S. D. Iowa, C. D.

April 3, 1975.

Attorney(s) appearing for the Case

L. R. Voigts, W. Don Brittin, Jr., Nyemaster, Goode, McLaughlin, Emery & O'Brien, Des Moines, Iowa, for Marlin Cole.

Lawrence C. Brown, Faegre & Benson, Minneapolis, Minn., for Northwest Growth Fund, Inc.

Marvin J. Klass, Theodore M. Whicher, Robert D. Mishne, Stewart, Hatfield, Klass & Whicher, Sioux City, Iowa, for Constance N. Belin and others.

Herrick, Langdon, Belin, Harris, Langdon & Helmick, Des Moines, Iowa, for David W. Belin.

Timothy J. Walker, John C. Eddy, Merrick Scott Rayle, Kermit Sutton, Whitfield, Musgrave, Selvy, Kelly & Eddy, Des Moines, Iowa, Edward J. Schwartzbauer, William J. Keppel, Dorsey, Marquart, Windhorst, West & Halladay, Minneapolis, Minn., John D. Martin, Jr., David C. Porteous, Martin, Tate, Morrow & Marston, P.C., Memphis, Tenn., for Alodex Corporation; Kemmons Wilson and Wallace E. Johnson.

Charles F. Wasker, Michael P. Joynt, Wasker, Sullivan, Wheatcraft & Ward, Des Moines, Iowa (R. Steven Johnson, Des Moines Iowa), Roger A. Johnson, Johnson, Thompson, Klaverkamp & James, P.A., Minneapolis, Minn., James E. Tolan, Peter Aron, Olwine, Connelly, Chase, O'Donnell & Weyher, New York, City, for Harris, Kerr, Forster & Company.

ORDER RE: MOTIONS TO DISMISS OF HARRIS, KERR, FORSTER AND COMPANY AND THE ALODEX DEFENDANTS IN THE COLE AND BELIN CASES

HANSON, Chief Judge.

The Court addresses this Order to statute of limitations issues raised by way of motions to dismiss filed by defendants Harr, Kerr, Forster and Company (Harris, Kerr) and defendants Kemmons Wilson, Wallace Johnson and the Alodex Corporation (the Alodex defendants). These defendants raise three related grounds: (1) That...

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