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PRUDENTIAL-BACHE SEC., INC. v. LISLE AXIS ASSOC.

No. 86 C 7634.

657 F.Supp. 190 (1987)

PRUDENTIAL-BACHE SECURITIES, INC., Plaintiff, v. LISLE AXIS ASSOCIATES and Manufacturers Hanover Trust Company, Defendants.

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

March 18, 1987.

Attorney(s) appearing for the Case

Jerold S. Solovy, Joan M. Hall, Laura A. Kaster, Michael J. Singer, Jenner & Block, Chicago, Ill., for plaintiff.

Claudia J. Lovelette, Angela S. Curran, Burke, Bosselman & Weaver, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

SHADUR, District Judge.

Prudential-Bache Securities, Inc. ("Prudential") has sued two defendants here:

1. Lisle Axis Associates ("Lisle Axis")1 for alleged violations of Securities Exchange Act of 1934 ("1934 Act") § 10b (15 U.S.C. § 78j(b)) and Rule 10b-5, 17 C.F.R. § 240.10b-5 (Count I, the "Rule 10b-5 Claim"), common law conspiracy to defraud (Count II, the "Conspiracy Claim...

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