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BASTIAN v. PETREN RESOURCES CORP.

No. 86 C 2006.

681 F.Supp. 530 (1988)

R. Richard BASTIAN, III, et al., Plaintiffs, v. PETREN RESOURCES CORPORATION, et al., Defendants.

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

March 7, 1988.

Attorney(s) appearing for the Case

Michael H. Moirano, James E. Dahl, Dahl and Moirano, Chicago, Ill., for plaintiffs.

Stephen Novack, Donald A. Tarkington, Mitchell L. Marinello, Novack & Macy, William O'Connor, Zukowski, Rogers, Flood, McArdle and O'Connor, Chicago, Ill., James G. Wiles, Wolf, Block, Schorr and Solis-Cohen, Philadelphia, Pa., for defendants.

MEMORANDUM OPINION

BRIAN BARNETT DUFF, District Judge.

This case arises out of the sales of limited partnership interests in two Illinois oil and gas limited partnerships, Petren 1981A and Petren 1981B. Each plaintiff is a limited partner of one or both of these partnerships. The complaint alleges that defendants—the general partners of the partnerships along with their attorneys — violated federal securities laws as well as state statutes...

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