SOMERVILLE v. MAJOR EXPLORATION, INC.

No. 82 Civ. 7328 (RLC).

576 F.Supp. 902 (1983)

Robert S. SOMERVILLE, Plaintiff, v. MAJOR EXPLORATION, INC., Major Drilling, Inc., United American Energy, Inc., Robert J. Tonachio, Rea J. Tonachio, Gerald P. Murphy, Thomas F. Murphy, Michael W. McCown, Charles J. Parks, Frank W. Hall, Fittin, Cunningham & Lauzon, Inc., Joseph Lauzon, Thomas Fittin, Arnheim & McCostis, Robert M. Hurwitz, O.L. Walter Co., Lanny R. Freeman, Freeman Energy, Inc., Freeman Exploration, Inc., William J. Kabboord, Curtis D. Robert, and All State Energy, Inc.

United States District Court, S.D. New York.

November 17, 1983.


Attorney(s) appearing for the Case

Kass, Goodkind, Wechsler & Labaton, New York City, for plaintiff; John Steel, Stuart D. Wechsler, Joseph H. Weiss, New York City, of counsel.

Hugh L. Scott, Jr., San Antonio, Tex., for defendants Major Exploration, United American Energy, Inc. Major Drilling, Inc., Robert J. Tonachio, Rea J. Tonachio, Michael W. McCown, Gerald P. Murphy, Thomas F. Murphy, Frank W. Hall.

D'Amato & Lynch, New York City, for defendant Arnheim & McCostis; Robert E. Meshel, New York City, of counsel.

McPherson & Blevins, Kingston, Tenn., for defendant Charles J. Parks; Jack H. McPherson, Jr., Kingston, Tenn., of counsel.

Torre & Garman, East Rutherford, N.J., for defendants Fittin, Cunningham & Lauzon, Inc., Thomas Fittin and Joseph Lauzon; Harry L. Garman, East Rutherford, N.J., of counsel.

Arnoff & Merin, New York City, for defendant O.L. Walter & Co.; Norman B. Arnoff, New York City, of counsel.

Lanny R. Freeman, pro se.

Owen & Fennell, New York City, for defendant Curtis B. Robert; Robert D. Owen, New York City, of counsel.


OPINION

ROBERT L. CARTER, District Judge.

Plaintiff, Robert S. Somerville, sues on behalf of himself and all other persons1 (except defendants and those in privity with them) who purchased the securities of Major Exploration, Inc. ("Major"), Major Drilling, Inc. ("Major Drilling"), and United American Energy, Inc. ("United") — all defendants in this case. The defendant corporations, their officers and directors, their...

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