IN RE SAHLEN & ASSOCIATES, INC. SECURITIES LIT.

No. 89-6308-CIV-WMH.

773 F.Supp. 342 (1991)

In re SAHLEN & ASSOCIATES, INC. SECURITIES LITIGATION.

United States District Court, S.D. Florida.

July 10, 1991.


Attorney(s) appearing for the Case

Laz L. Schneider, Sherr Tiballi Fayne & Schneider, Fort Lauderdale, Fla., for plaintiffs Feld, Ehrenkrantz.

Atlee W. Wampler, III, Wampler, Buchanan & Breen, Miami, Fla., for plaintiffs.

Jan Douglas Atlas, Atlas Pearlman & Trop, Fort Lauderdale, Fla., for defendant Logal.

Lewis N. Brown, Gilbride Heller & Brown, Miami, Fla., Alan Geolot, Sidley & Austin, Washington, D.C., for KPMG Peat Marwick.

Jane W. Moscowitz, Jay Starkman, Steel Hector & Davis, Miami, Fla., for defendant Bodden.

Marvin Pickholz, Paul Murphy, David Pollack, Mindy Pallot, Stroock & Stroock & Lavan, Miami, Fla., for defendant Sahlen, Jr.

James H. Schropp, Henry A. Hubschman, Jonathan M. Jacobs, Fried Frank Harris Shriver & Jacobson, Washington, D.C., for defendants Burgoyne, Pledger, Gellman, Schaefer & Wallace.


MEMORANDUM & ORDER

HOEVELER, District Judge.

THIS CAUSE comes before the Court on numerous motions to dismiss filed by various Defendants in six of the consolidated actions bearing the master file number 89-6308-CIV-HOEVELER.1

FACTUAL BACKGROUND

Prior to 1986, Sahlen & Associates, Inc. ("SAI" or "the Company"), a Delaware corporation with its principal place of business in Deerfield Beach, Florida, was...

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