IN RE REXPLORE, INC. SECURITIES LITIGATION

MDL No. 698.

671 F.Supp. 679 (1987)

In re REXPLORE, INC. SECURITIES LITIGATION.

United States District Court, N.D. California.

October 1, 1987.


Attorney(s) appearing for the Case

Richard L. Jaeger and Helen Kang of Feldman, Waldman & Kline, San Francisco, Cal., and Christine Lepera and Dana Singer of Gold, Farrell & Marks, New York City, for plaintiffs.

Sharon Chandler of Lewis, D'Amato, Brisbois & Bisgaard, San Francisco, Cal., Kenneth Stone of Imhoff & Stone, San Diego, Cal., Elizabeth Mullins and Robert Lewin of Stroock & Stroock & Lavan, New York City, and Lorraine B. Moura and James B. Wright of Buchalter, Nemer, Fields, Chrystie & Younger, San Francisco, Cal., for defendants.


MEMORANDUM DECISION AND ORDER

JENSEN, District Judge.

This litigation arises out of the sale of unregistered securities, specifically limited partnership interests in several oil and gas partnerships sold by Rexplore, Inc. Rexplore created approximately 34 oil and gas limited partnerships and served as the general partner of each one. Rexplore subsequently declared bankruptcy.

Before the Court are six actions brought by investors in these limited...

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