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MFS MUN. INCOME TRUST v. AMERICAN MEDICAL INTERN.

Civ. A. No. 89-0185-S.

751 F.Supp. 279 (1990)

MFS MUNICIPAL INCOME TRUST, MFS Managed High Yield Municipal Bond Trust, and Lifetime Managed Municipal Bond Trust, Plaintiffs, v. AMERICAN MEDICAL INTERNATIONAL, INC.; Forum Health Investors of Georgia, Inc.; Brookwood Health Services, Inc.; Southwest Medical Center, Inc.; Stephens Inc.; and J. Dennis Meaders, Defendants.

United States District Court, D. Massachusetts.

November 15, 1990.

Attorney(s) appearing for the Case

Gerald F. Roth, Bingham, Dana & Gould, Boston, Mass., for plaintiffs.

T. Christopher Donnelly, Nutter, McClennen & Fish, Boston, Mass., for defendants.

ORDER AND MEMORANDUM ON DEFENDANT STEPHENS' MOTION FOR APPROVAL OF SETTLEMENT

SKINNER, District Judge.

This action arises from an alleged fraudulent inducement to purchase $8.5 million in Louisiana Public Facilities Authority 1987 Revenue Refunding Bonds. The case is brought under federal law (§ 10(b) of the Securities Exchange Act and Rule 10b-5 promulgated by the Securities and Exchange Commission) and under Massachusetts law (common law tort and...

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