WICHITA FEDERAL S. & L. ASS'N v. LANDMARK GROUP

No. 86-1938-K.

657 F.Supp. 1182 (1987)

WICHITA FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff, v. LANDMARK GROUP, INC., a Texas Corporation; Landmark Government Securities, Inc., a Texas Corporation; Landmark Securities Corporation, a Texas Corporation; Landmark Investments, Inc., a Texas Corporation; Iowa Grain Company, an Illinois Corporation; Richard Emmett Tisdale; Wayne Winston Moran; Reba Ann Byrd; Steven Martin Kane; Francis Edwin Carpenter; William Benson Stewart; and Emily B. Spencer, Defendants.

United States District Court, D. Kansas.

April 14, 1987.


Attorney(s) appearing for the Case

Alexander B. Mitchell of Sargent, Klenda, Mitchell & Austerman, Wichita, Kan., for plaintiff.

Donald R. Newkirk, John T. Conlee and Daniel G. Clothier of Fleeson, Gooing, Coulson & Kitch, Wichita, Kan., and John B. Maroney and Glenn Van Shellenbeck of Brown, Maroney, Rose, Barber & Dye, Austin, Tex., for Texas defendants.

Mikel L. Stout of Foulston, Siefkin, Powers & Eberhardt, Wichita, Kan., and John K. Eggers of Ruberry, Phares, Abramson & Fox, Chicago, Ill., for Iowa Grain.


MEMORANDUM AND ORDER

PATRICK F. KELLY, District Judge.

Plaintiff Wichita Federal Savings and Loan Association (WFSL) seeks to recover from 12 defendants for losses incurred from investments in government securities, repurchase agreements, and reverse repurchase contracts, and U.S. treasury bond futures contracts on the Chicago Board of Trade. The first set of defendants includes the Landmark Group, Inc., its...

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