United States District Court, S.D. California.https://leagle.com/images/logo.png
April 15, 1987.
April 15, 1987.
Attorney(s) appearing for the Case
William S. Lerach, Milberg Weiss Bershad Spechtrie & Lerach, San Diego, Cal., David B. Gold, Law Offices of David B. Gold, San Francisco, Cal., for Class Plaintiffs.
Sheldon D. Camhy, Shea & Gould, New York City, for Executive Life Ins. Co.
Scott Metzger, Duckor & Spradling, San Diego, Cal., for Nelson-Dykes Co., Inc.
Watson B. Tucker, Mayer Brown & Platt, Chicago, Ill., for Continental Illinois Nat. Bank & Trust Co.
James Goldman, Kadison, Pfaelzer, Woodward, Quinn & Rossi, Los Angeles, Cal., for Arthur Andersen & Co.
William R. Fishman, Denver, Colo., for LaMar Plaintiffs.
Browning Marean, Gray, Cary, Ames & Frye, San Diego, Cal., for Republicbank Dallas, N.A.
James Spiotto, Chapman & Cutler, Chicago, Ill., for LaSalle Nat. Bank.
Earle Miller, Brobeck, Phleger & Harrison, Los Angeles, Cal., for Drexel Burnham Lambert, Inc.
Howard D. Finkelstein, Jenkins & Perry, San Diego, Cal., for Decatur Income Fund, Inc.
D. Scott Wise, Davis Polk & Wardwell, New York City, Donaldson, Lufkin & Jenrette Securities Corp.
Charles H. Dick, Jr., MacDonald, Halsted & Laybourne, San Diego, Cal., for The Circle K Corp.
Donald M. Wessling, O'Melveny & Myers, Los Angeles, Cal., for Richard Langdon, Daniel Bell, Larry D. Corl, Frederick Frank, John F. Masdea, Alvin J. Pearson, and David A. Stoller.
Robert Wright, Wright & L'Estrange, San Diego, Cal., for O. Morris Sievert.
Joseph J. Wheeler, Latham & Watkins, San Diego, Cal., for Richard L. Burns.
United States District Court, S.D. California.
AMENDED MEMORANDUM DECISION AND ORDER
IRVING, District Judge.
I. BACKGROUND
In the above-entitled consolidated actions, plaintiffs assert various federal claims, based primarily upon the Securities Act of 1933, 15 U.S.C. §§ 77a et seq., and the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a et seq., and various pendent state claims, based upon both statutory and common law theories, which arise from the sale...
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