PAUL v. LANDS' END, INC.

No. 90 C 2247.

742 F.Supp. 512 (1990)

Kathleen M. PAUL, Pierretta Alfiera and Bruce Gorosh, individually and on behalf of all others similarly situated, Plaintiffs, v. LANDS' END, INC., and Richard C. Anderson, Defendants.

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

August 23, 1990.


Attorney(s) appearing for the Case

Richard Schiffrin, Schiffrin & Craig, Chicago, Ill., Zachary A. Starr, Goodkind, Labaton & Rudoff, New York City, Marvin A. Miller, Patrick E. Cafferty, Chertow & Miller, Chicago, Ill., Stuart H. Savett, Barbara A. Podell, Kohn, Savett, Klein & Graf, P.C., Philadelphia, Pa., Robert P. Frutkin, Berger & Montague, P.C., Philadelphia, Pa., for plaintiffs and the class.

Garrett B. Johnson, Jeffrey L. Willian, Jeffrey A. Hall, Kirkland & Ellis, Chicago, Ill., for defendants.


ORDER

BUA, District Judge.

Between February 6, 1990, and March 14, 1990, plaintiffs Kathleen M. Paul, Pierretta Alfiera, and Bruce Gorosh purchased approximately 500 shares of Lands' End, Inc. ("Lands' End") common stock. Shortly after plaintiffs invested in Lands' End, the company's earnings declined. Having sustained a loss on their investment, plaintiffs instituted this securities action against Lands' End and its chief executive officer, Richard C. Anderson...

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