FMC CORPORATION, Plaintiff,
v.
Ivan F. BOESKY; Boesky & Kinder Partners, L.P.; Ivan F. Boesky & Company, L.P.; IFB Managing Partnership, L.P.; Cambrian & General Securities, p.l.c.; Beverly Hills Hotel Corporation; Farnsworth and Hastings Limited; Northview Corporation; Seemala Partners, L.P.; Seemala Corporation; Ivan F. Boesky Corporation; Goldman, Sachs & Co.; David S. Brown; Shearson Lehman Brothers, Inc.; Ira B. Sokolow; Drexel Burnham Lambert Inc., and Dennis B. Levine, Defendants.
United States District Court, N.D. Illinois, E.D.https://leagle.com/images/logo.png
April 16, 1987.
April 16, 1987.
Attorney(s) appearing for the Case
Thomas P. Sullivan, Richard T. Franch, Barbara S. Steiner, Kaarina Salovaara, Jenner & Block, Chicago, Ill., for FMC Corp.
Howard D. Lieberman, H. Nicholas Berberian, Thomas M. Knepper, Peter B. Newton, Neal, Gerber & Eisenberg, Glen H. Kanwit, David B. Goroff, Hopkins & Sutter, R.L. Mitchell, P.V. Baugher, Adams, Fox, Adelstein & Rosen, Warren J. Marwedel, Tribler & Marwedel, P.C., Chicago, Ill., Eliot Lauer, Peter Fleming, Jr., Bernard V. Preziosik, Jr., Curtis, Mallett, Prevost, Colt & Mosle, New York City, Steven L. Bashwiner, Mary Ellen Hennessy, Katten, Muchini, Zavis, Pearl, Greenberg & Galler, Roger Pascal, Allan Horwich, Kevin D. Evans, Schiff, Hardin & Waite, James A. Klenk, Don H. Reuben, Margaret S. Determan, James K. Meguerian, Isham, Lincoln & Beale, Clarence J. Fleming, Thomas C. Elliott, Jr., McDougall, Hersh & Scott, Chicago, Ill., Mitchell H. Kaplan, Joshua T. Buchman, Choate, Hall & Stewart, Boston, Mass., Robert B. McCaw, Wilmer, Cutler & Pickering, Washington, D.C., Richard T. Sharp, Harry Frischer, Sidney H. Stein, Eric Schmidt, Stein, Zauderer, Ellenhorn, Frischer & Sharp, New York City, Derek W. Hunt, Troy, Casden & Gould, Los Angeles, Cal., Joel A. Haber, Floyd Babbitt, Fagel, Haber & Maragos, Jonathan G. Bunge, David E. Schaper, Monica L. Thompson, Keck, Mahin & Cate, Chicago, Ill., William E. Willis, pro hac vice, Robert J. Katz, Robert J. Lack, Pressly M. Millen, Sullivan & Cromwell, New York City, for defendants.
Anthony F. Phillips, Jeanne M. Luboja, Jonathan P. Wolfert, Zipoah J. Szydlo, Willkie Farr & Gallagher, Jonathan D. Bassett, Terri Jeligman, New York City, for Shearson Lehman Bros., Inc.
United States District Court, N.D. Illinois, E.D.
MEMORANDUM OPINION AND ORDER
ANN C. WILLIAMS, District Judge.
This case is one of the first private civil actions filed in the wake of the Securities and Exchange Commission's ("SEC") well-publicized charges that Ivan F. Boesky had been the recipient of wrongfully leaked insider information. The SEC charged that Boesky used the leaked corporate information to make millions of dollars in trading in the stock of at least seven corporations. One of these seven...
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