IN RE BANK OF BOSTON CORP. SECURITIES LITIGATION

No. 89-2269-H.

762 F.Supp. 1525 (1991)

In re BANK OF BOSTON CORPORATION SECURITIES LITIGATION.

United States District Court, D. Massachusetts.

May 1, 1991.


Attorney(s) appearing for the Case

Glen DeValerio, Berman, DeValerio and Pease, Thomas G. Shapiro, Shapiro, Grace & Haber, Boston, Mass., Stuart H. Savett, Kohn, Savett, Klein & Graf, P.C., Philadelphia, Pa., for plaintiff.

Gerald F. Rath, Bingham, Dana & Gould, Boston, Mass., for defendants.


MEMORANDUM AND ORDER

HARRINGTON, District Judge.

Plaintiffs in this action are all shareholders or purchasers of stock in the Bank of Boston Corporation (the "Bank"). Plaintiffs assert that, during the period October 20, 1988 through January 3, 1990, the Bank, through its officers and directors, published materially false and misleading information concerning the Bank's financial condition and its projected profitability in a scheme to manipulate the market...

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