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IN RE CENCO INC. SECURITIES LITIGATION

No. 75 C 2227, MDL Docket No. 291.

601 F.Supp. 336 (1984)

In re CENCO INCORPORATED SECURITIES LITIGATION. SEIDMAN & SEIDMAN, Plaintiff, v. CENCO INCORPORATED, Defendant.

United States District Court, N.D. Illinois, E.D.

November 26, 1984.

Attorney(s) appearing for the Case

Samuel Weisbard, McDermott, Will & Emery, Chicago, Ill., for plaintiff.

David E. Springer, Kirkland & Ellis, Chicago, Ill., for defendant.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

Introduction

This suit is now a vestige of what was once a complex class action based on common law and federal securities fraud. Plaintiffs, security holders of Cenco, Inc. ("Cenco") brought this class action against several defendants, alleging what the Seventh Circuit later termed "a massive fraud."1 Most of the case has been resolved through various settlements...

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