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GRM v. EQUINE INV. AND MAN. GROUP

Civ. A. No. 83-5951.

596 F.Supp. 307 (1984)

GRM, et al., Plaintiffs, v. EQUINE INVESTMENT AND MANAGEMENT GROUP, et al., Defendants.

United States District Court, S.D. Texas, Houston Division.

October 23, 1984.

Attorney(s) appearing for the Case

J. Eugene Clements, Porter & Clements, Houston, Tex., for plaintiffs.

D. Bobbitt Noel, Jr., Vinson & Elkins, Houston, Tex., Joan Gaughan Devlin, Pittsburgh, Pa., Jesse S. Faerber, Fenster & Faerber, Plantation, Fla., Richard A. Gumpert, Bracewell & Patterson, Percy Foreman, James R. Leahy, Reynolds, Allen & Cook, Daniel R. Kirshbaum, Axelrod, Smith, Komiss & Kirshbaum, Houston, Tex., Jay J. Madrid, Winstead, McGuire, Sechrest & Minick, Michael P. Lynn, Akin, Gump, Strauss, Hauer & Feld, Dallas, Tex., Michael Wilson, Richard Frankel, Miller, Keeton & Bristow, Houston, Tex., Asher Fensterheim, Fensterheim & Fensterheim, Paul R. Grand, Grand & Ostrow, New York City, Graham Kerin Blair, Boyar, Norton & Blair, Houston, Tex., for defendants.

MEMORANDUM AND ORDER

SINGLETON, Chief Judge.

This action arises out of plaintiffs' investment in a Florida limited partnership entitled The Arabian Breeding Program I. Plaintiffs allege that defendants committed various fraudulent acts in connection with that partnership's offering which violated federal and Texas laws.

Plaintiffs GRM and B-C Investments are Texas general partnerships comprised of Houston residents. Plaintiff Frederick M. Otto is...

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