ZATKIN v. PRIMUTH

Civ. No. 82-602-E.

551 F.Supp. 39 (1982)

Gary ZATKIN, on behalf of himself and all others similarly situated, Plaintiff, v. David PRIMUTH, et al., Defendants.

United States District Court, S.D. California.

September 3, 1982.


Attorney(s) appearing for the Case

David B. Gold, Paul F. Bennett, David B. Gold, A.P.C., San Francisco, Cal., for Gary Zatkin, plaintiff.

Robert W. Hallock, Karl F. Nygren, Thomas P. Coffey, David Garten, Kirkland & Ellis, Chicago, Ill., David R. Clark, Aylward, Kintz, Stiska, Wassenaar & Shannahan, San Diego, Cal., for David J. Primuth, Emil L. McNeely, James R. Wilson, John V. Drum, Clark A. Johnson, Thomas W. Cline, Richard W. Fruechtenicht, Thomas C. Harvey, defendants.

Jeanne E. Irving, Cox, Castle & Nicholson, Los Angeles, Cal., for Ray A. Watt, defendant.

Gordon G. Busdicker, Faegre & Benson, Wendy J. Wildung, Minneapolis, Minn., Leonard S. Janofsky, William B. Campbell, Paul, Hastings, Janofsky & Walker, Los Angeles, Cal., for Walter H. Davies, Jr., Wayne E. Matschullat, Ellsworth L. Johnson, Wenda Weekes Moore, defendants.

John A. Donovan, Gerald T. Ford, Hughes, Hubbard & Reed, Los Angeles, Cal., for Coopers & Lybrand, defendant.

Joseph E. Coughlin, Michael R. Hassan, Lord, Bissell & Brook, Chicago, Ill., Charles A. Adamek, Lord, Bissell & Brook, Los Angeles, Cal., for Duff and Phelps, Inc., defendant.

Grover R. Heyler, Thomas M. Mustin, Latham & Watkins, Los Angeles, Cal., for F.N. Shumway, defendant.


MEMORANDUM DECISION

ENRIGHT, District Judge.

Plaintiff Gary Zatkin filed the present action on behalf of himself and all persons who acquired securities of Wickes Companies, Inc. (Wickes) from August 12, 1980, through March 15, 1982, inclusive. The case is one in a series of lawsuits by holders of Wickes securities alleging violation of federal securities law.

Zatkin allegedly purchased 100 shares of common stock in The Wickes Corporation (TWC) in...

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