In re CONTICOMMODITY SERVICES, INC., SECURITIES LITIGATION.
United States District Court, N.D. Illinois, E.D.https://leagle.com/images/logo.png
January 11, 1990.
Orders on Reconsideration February 7, 1990 and February 22, 1990.
Attorney(s) appearing for the Case
David T. Pritikin and Geraldine M. Alexis, Sidley & Austin, Chicago, Ill., for Conti-Commodity Services, Inc., Continental Grain Co. and certain current or former officers.
Carla Powers Dykes, Chamberlain, Hrdlicka, White, Johnson & Williams, Houston, Tex., Ray G. Rezner and Wendi Sloane Weitman, Barack, Ferrazzano, Kirschbaum & Perlman and David B. Levine, Levin & Ginsburg, Ltd., Chicago, Ill., for certain customer parties.
Charles W. Boand, Robert F. Forrer and Quinton F. Seamons, Burke, Wilson & McIlvaine, Chicago, Ill., for Arthur Andersen & Co.
Brice A. Tondre, Madden and Strate, P.C., Wheat Ridge, Colo., for Harvey Herberman & Herberman Corp.
Ron L. Futterman, Hartunian, Futterman & Howard, Chtd., Chicago, Ill., for Joe O. Ragan and Owen & Cynthia Frakes.
Randall Marmor and Harvey Herman, Clausen, Miller, Gorman, Caffrey & Witous, P.C., Chicago, Ill., for Reliance Ins. Co.
Bruce M. Rose, Herbert Beigel and Leigh R. Lasky, Beigel & Sandler, Chicago, Ill., for David J. Ragan.
Charles C. Hileman and Clinton A. Stuntebeck, Schnader, Harrison, Segal & Lewis, Philadelphia, Pa., and John L. McConn, Jr., McConn & Hardy, Houston, Tex., for Carroll McEntee McGinley, Inc.
Stanley A. Walton, Seyfarth, Shaw, Fairweather & Geraldson, Chicago, Ill., for Prescott, Ball & Turben and J. Luikart.
Kenneth E. Johns, Jr., Vinson & Elkins, Dallas, Tex., and Peter R. Sonderby and Janet L. Reali, Keck, Mahin & Cate, Chicago, Ill., for Merrill Lynch, Pierce, Fenner & Smith, Inc.
Seth Heald, Office of Special Litigation, U.S. Dept. of Justice, Tax Div., Washington, D.C., for U.S.
Sheldon M. Neider, Neider Financial Consultants, and James Motley, Motley Investments Venture No. 4, Houston, Gerald F. Cerce, Accessories Assoc., Inc., N. Providence, R.I., and Donald Davies, Houston Land Investment Corp., and Bryant P. Jensen, Houston, Tex., pro se.
United States District Court, N.D. Illinois, E.D.
MEMORANDUM OPINION AND ORDER
HART, District Judge.
This multidistrict litigation is presently before the court on various motions for summary judgment. Motions have been filed in 13 of the remaining 15 cases.1 The motions have been fully briefed and the court heard oral argument on the motions on October 27, 1989. This opinion will discuss all the pending motions and will be referred...
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