BERNARD v. RUSH

Civ. A. No. 85-458-B.

641 F.Supp. 730 (1986)

Sherman A. BERNARD, Insurance Commissioner, State of Louisiana, as Rehabilitator of the First American Life Insurance Company, a Louisiana Corporation v. Richard O. RUSH, et al.

United States District Court, M.D. Louisiana.

August 20, 1986.


Attorney(s) appearing for the Case

Fredrick R. Tulley, Taylor, Porter, Brooks & Phillips, Baton Rouge, La., for Bernard.

Leonard L. Kilgore, III, Kean, Miller, Hawthorne, D'Armond, McCowan & Jarman, Baton Rouge, La., for Delage and Madison.

Wood Brown, III, New Orleans, for Logic, Inc.

Michael E. Robinson, Dallas, Tex., Peter G. Burke, New Orleans, La., for Rauscher-Pierce Refsner, Inc.

Shelly C. Zwick, Roy, Kiesel, Aaron & West, William F. Ridlon, II, McCollister, McCleary, Fazio & Holliday, John L. Avant, Avant & Falcon, O'Neal Walsh, Franklin, Moore & Walsh, Baton Rouge, La., for other defendants.

Roy C Cheatwood, Jones, Walker, Waechter, Poitevent, Carrere & Denegre, New Orleans, La., for Morris Newman.

Robert L. Klienpeter, Kleinpeter & Kleinpeter, Baton Rouge, La., for Richard O. Rush, Richard O. Rush, Jr., North Zachary Farms, Inc., Jefferson Standard Mortg. Corp., and Southern Educators Development Corp.

F. Barry Marionneaux, Plaquemine, La., for G.G. and Jeanette Watson.

Camille F. Gravel, Jr., Gravel & Brady, Baton Rouge, La., Mark David, Gaynell C. Methvin, Moore & Peterson, Dallas, Tex., for Charles C. Rush, Southern Nat. Life Ins., Hobby and Southern Nat. Consulting Corp.


POLOZOLA, District Judge.

Sherman A. Bernard, the Commissioner of Insurance for the State of Louisiana, has filed this action as the Rehabilitator of the First American Life Insurance Company against some thirty-nine defendants. This suit alleges violations of the 1934 Securities Exchange Act, 15 U.S.C. § 78j(b), the Racketeer Influenced and Corrupt Organization Act ("RICO"), 18 U.S.C. § 1961-1968, and various state law based claims.

Ramon Jarrell...

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