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BABST v. MORGAN KEEGAN & CO.

Civ. A. No. 86-5614.

687 F.Supp. 255 (1988)

Emile M. BABST, III, et al. v. MORGAN KEEGAN & COMPANY.

United States District Court, E.D. Louisiana.

June 10, 1988.

Attorney(s) appearing for the Case

Monroe & Lemann, Benjamin R. Slater, Jr., Michael R. O'Keefe, III, Mark E. Van Horn, New Orleans, La., for plaintiffs.

John C. Speer, Heiskell, Donelson, Bearman, Adams, Williams & Kirsch, Memphis, Tenn., Gibson Ochsner & Adkins, Tracey Noblitt, John Huffaker, Amarillo, Tex., and McGlinchey, Stafford, Mintz, Cellini & Lang, John Gregory Odom, Stephen W. Rider, New Orleans, La., for Perryton Feeders, Inc., Century Credit Corp. and Virl LaMunyon.

Phelps, Dunbar, Marks, Claverie & Sims, Jack M. Weiss, Trial Atty., Esmond Phelps, II, John P. Sneed, New Orleans, La., for Morgan Keegan & Co., Inc. and Allen J. Catalanotto.

Polack, Rosenberg, Rittenberg & Endom, Charles T. Curtis, Jr., New Orleans, La., for Rodney Hughes.

OPINION

ARCENEAUX, District Judge.

Currently before the Court is the motion of Morgan Keegan & Company, Inc., (Morgan Keegan) and Allen Catalanotto to dismiss the plaintiffs' RICO claims, and the motion of Perryton Feeders, Inc. (Perryton), Century Credit Corporation (Century), and Virl LaMunyon to dismiss all of the plaintiffs' claims against them. Below the Court discusses the merit of the motions.

FACTS:

The plaintiffs have sued...

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