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TURNER v. FIRST WISCONSIN MORTG. TRUST

Civ. A. No. 75-C-235.

454 F.Supp. 899 (1978)

Blanche TURNER, Plaintiff, v. FIRST WISCONSIN MORTGAGE TRUST, First Wisconsin National Bank Holding Company, First Wisconsin Mortgage Co. and James E. Lieck, Defendants.

United States District Court, E. D. Wisconsin.

August 4, 1978.

Attorney(s) appearing for the Case

Lowell E. Sachnoff and Franklin G. Allen, Chicago, Ill., for plaintiff; Sachnoff, Schrager, Jones & Weaver, Ltd., Chicago, Ill., and David J. Schoetz, Burke & Schoetz, Milwaukee, Wis., of counsel.

Laurence C. Hammond, Jr., Milwaukee, Wis. and Bernard J. Nussbaum and Otis H. Halleen, Chicago, Ill., for defendant First Wisconsin Mortgage Trust.

Joseph DuCoeur, Tefft W. Smith and Howard J. Swibel, Kirkland & Ellis, Chicago, Ill., for proposed additional defendants Robert W. Baird & Co. Inc., Goldman Sachs & Co., and Robert A. Uihlein, Jr.

David E. Beckwith, Maurice J. McSweeney, Allen W. Williams, Jr., and Robert A. DuPuy, Milwaukee, Wis. and H. Templeton Brown, Ray H. Greenblatt, Lee N. Abrams, and Franklin P. Auwarter, Chicago, Ill., for defendants First Wisconsin Corp., First Wisconsin Mortgage Co. and First Wisconsin National Bank; Foley & Lardner, Milwaukee, Wis. and Mayer, Brown & Platt, Chicago, Ill., of counsel.

REYNOLDS, Chief Judge.

DECISION AND ORDER

This suit is an action for damages and injunctive relief arising out of the allegedly fraudulent course of conduct engaged in by the defendants from December 1971 through April 1974, which plaintiff alleges was violative of various provisions of the Securities Act of 1933 (the "1933 Act") and the Securities Exchange Act of 1934 (the "1934 Act"). Jurisdiction is alleged pursuant to § 27 of the 1934 Act, 28 U...

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