BIBEN v. CARD

Nos. 84-0844-CV-W-6, 84-0846-CV-W-6 and 84-0978-CV-W-6.

789 F.Supp. 1001 (1992)

Lewis H. BIBEN, et al., Plaintiffs, v. Harold E. CARD, et al., Defendants.

United States District Court, W.D. Missouri, W.D.

February 25, 1992.


Attorney(s) appearing for the Case

Richard K. Andrews, Swanson, Midgley, Gangware, Clarke & Kitchin, Kansas City, Mo., for Harold Card.

Dale Kimball, Robert S. Clark, Kimball, Parr, Crockett & Waddoups, Salt Lake City, Utah, for John P. Redd.

Paul H. Niewald, Raymond L. Dahlberg, Niewald, Waldeck & Brown, Kansas City, Mo., for Thomas W. Tierney and Tierney & Ernst.

Reggie C. Giffin, Larry W. Joye, Morrison, Hecker, Curtis, Kuder & Parrish, Kansas City, Mo., for Tim D. Compton.

Colvin A. Peterson, Brian D. Williams, Watson, Ess, Marshall & Enggas, Kansas City, Mo., for Wright, Herfordt & Sanders.

George E. Feldmiller, Don M. Downing, Stinson, Mag & Fizzell, Kansas City, Mo., for Peat Marwick Main & Co.

Thomas M. Bradshaw, Joseph M. Chiarelli, Hoskins, King, McGannon & Hahn, Kansas City, Mo., for Ira W. Palmer and William H. Palmer.

Van Oliver, Akin, Gump, Straus, Hauer & Feld, Dallas, Tex., for Process Management Co., Inc.

Jack Corinblit, Marc M. Seltzer, Corinblit & Seltzer, Los Angeles, Cal., Herbert E. Milstein, Lisa M. Mezzetti, Cohen, Milstein & Hausfeld, Arthur M. Schwartzstein, Washington, D.C., Robert C. Gordon, Kansas City, Mo., for Biben plaintiffs.

Reed O. Gentry, Matthew R. Davis, Field, Gentry, Benjamin & Robertson, P.C., Kansas City, Mo., for defendant Carl E. Wright.

Paul J. Keil, Claremont, Cal.


ORDER

SACHS, Chief Judge.

This class action alleges securities fraud based on Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j. Defendants Redd and Jallow seek to require absent class members to submit a statement of their claims (the Claims Motion), while Jallow moves to bifurcate the trial into a liability phase and a proof-of-claim phase and to reserve the award of damages to the proof-of-claim phase (the Damages Motion).

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