IN RE COM. OIL/TESORO PETROLEUM CORP. SEC. LIT.

M.D.L. No. 347.

467 F.Supp. 227 (1979)

In re COMMONWEALTH OIL/TESORO PETROLEUM CORPORATION SECURITIES LITIGATION.

United States District Court, W. D. Texas, San Antonio Division.

January 25, 1979.


Attorney(s) appearing for the Case

Steven B. Rosenfeld, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Tesoro Petroleum Corporation, Robert V. West, Jr., Robert G. Reed, Charles R. Roberts, James F. Smith, James C. Phelps, Dean M. Bloyd, L. Robert Fullem and John Rote.

Vaughn C. Williams, Skadden, Arps, Slate, Meagher & Flom, New York City, for Gary W. Davis.

George Weisz, Cleary, Gottlieb, Steen & Hamilton, New York City, for Deloitte, Haskins & Sells.

Thomas F. Curnin, Cahill, Gordon & Reindel, New York City, for E. F. Hutton & Co., Inc.

Leo T. Kissam, Kissam, Halpin & Genovese, New York City, for Norman C. Keith.

Robert A. Meister, Milgrim, Thomajan & Jacobs, P. C., New York City, for Commonwealth Oil Refining Company, Inc.

Roger L. Waldman, Webster & Sheffield, New York City, for Peter M. Detwiler.

George J. Wade, Shearman & Sterling, New York City, for George F. Bennett and William A. Lockwood.

Sullivan & Cromwell, New York City, for Sol L. Descartes and J. Howard Laeri.

No appearance for Sergio Camero, Ian K. MacGregor, Dr. Rafael Pico, Tom R. Ragland, Angel M. Rivera and John A. Walstrom.

John E. Skogland, Jr., McGown & McClanahan, San Antonio, Tex., for David Jaroslawicz (A-1).

Richard deY. Manning, Manning & Carey, New York City, for Morton S. Bouchard, et al. (A-2).

Jules Brody, Stull, Stull & Brody, New York City, for Harry Lewis (A-3).

Daniel W. Krasner, Wolf, Haldenstein, Alder, Freeman & Herz, New York City, for Seymour Joseph (A-4).


MEMORANDUM OPINION AND ORDER

PATRICK E. HIGGINBOTHAM, District Judge.

                     Table of Contents

                                                                           Page

  I.  NATURE OF THE LITIGATION                                             233

 II.  BOUCHARD                                                             235

      A. Facts                                  ...

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