COUNTRYMAN v. STEIN ROE & FARNHAM

No. 87 C 3861.

681 F.Supp. 479 (1987)

Clarence P. COUNTRYMAN and Raymond B. Lee, as participants on Behalf of UPSTATE NEW YORK PENSION AND RETIREMENT FUND, New York State Teamsters Conference Pension & Retirement Fund, New York State Teamsters Council Health & Hospital Fund, New York State Teamsters Council Legal Benefit Fund, and on behalf of a class of other participants and pension funds similarly situated, Plaintiffs, v. STEIN ROE & FARNHAM, Shearson Lehman Brothers, Inc., James Carlton, John Pryshlak, Nicholas Robilotto, Ervin Walker, Kenneth C. Slate and the Estate of Rocco DePerno, Trustees of the Upstate New York Pension and Retirement Fund, John Guira, George Inserra, John Inserra, and Nicholas J. Gentile, Defendants, and Upstate New York Teamsters Pension and Retirement Fund, New York State Teamsters Conference Pension & Retirement Fund, New York State Teamsters Council Health & Hospital Fund, and New York State Teamsters Council Legal Benefit Fund, Nominal Defendants.

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

November 23, 1987.


Attorney(s) appearing for the Case

Lawrence Walner, Robert J. Lifton, Lawrence Walner & Assoc., Ltd., Chicago, Ill., for plaintiffs.

Neal Goldman, Mark Bennett, Squadron, Ellenoff, Plesent, & Lehrer, New York City, Leonard A. Nelson, Schoenberg, Fisher & Newman, Chicago, Ill., for George Inserra and John Inserra.

Richard J. Prendergast, Joseph E. Tighe, Richard J. Prendergast, Ltd., William J. Harte, William J. Harte, Ltd., Chicago, Ill., for John Guira.

Marvin Gittler, Asher, Pavalon, Gittler, and Greenfield, Ltd., Chicago, Ill., Robert J. Higgins, Kenneth M. Lyons, Harriet Grant, Dickstein, Shapiro & Morin, Washington, D.C., for Upstate New York Teamsters Pension and Retirement Fund New York State Teamsters Conference Pension & Retirement Fund, New York State Teamsters Council Health & Hosp. Fund, and New York State Teamsters Council Legal Benefit Fund, nominal defendants.

Harold C. Hirshman, Alan M. Posner, John I. Grossbart, Christopher Q. King, Sonnenschein, Carlin Nath & Rosenthal, Chicago, Ill., for Stein Roe & Farnham.

Nicholas Berberian, Howard D. Leiberman, Therese M. Obringer, Mark T. Carberry, Neal, Gerber & Eisenberg, Chicago, Ill., for Shearson Lehman Bros., Inc.

Frederick V. Lochbiler, Richard A. Wohlleber, Chapman & Cutler, Chicago, Ill., for Nicholas J. Gentile.

John A. Peca, Jr., John M. Masters, Richard D. Tomsick, John A. Sivinski, Climaco, Climaco, Seminatore, Lefkowitz & Garofoli Co., Cleveland, Ohio, for cross-claimants Robilotto & Walker.

Emil M. Rossi, Syracuse, N.Y., Anthony Pinelli, Chicago, Ill., for estate of Rocco DePerno.


MEMORANDUM OPINION AND ORDER

ANN C. WILLIAMS, District Judge.

The defendant trustees James Carlton, John Pryshlak, Kenneth Slate, Nicholas Robilotto, and Ervin Walker ("Trustees") along with the nominal defendants New York State Teamsters Conference Pension and Retirement Fund, the New York State Teamsters Council Health and Hospital Fund, the Upstate New York Teamsters Pension and Retirement Fund and the New York State Teamsters Council Legal Benefit Fund...

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