IN RE NEW AMERICA HIGH INCOME FUND SECURITIES LIT.

No. 90-10782-MA.

834 F.Supp. 501 (1993)

In re NEW AMERICA HIGH INCOME FUND SECURITIES LITIGATION. This Document Relates To: All Consolidated Actions.

United States District Court, D. Massachusetts.

Order and Judgment August 27, 1993.


Attorney(s) appearing for the Case

Robert S. Kitchenoff, Kohn, Savett, Klein & Graf, Arnold Levin, Levin, Fishbein, Sedran & Berman, Philadelphia, PA, Nancy Gertner, Dwyer, Collora & Gertner, Boston, MA, Marvin A. Miller, Chertow & Miller, Chicago, IL, Elwood S. Simon, Elwood S. Simon & Associates, Bloomfield Hills, MI, Robert Harwood, Wechsler, Skirnickarwood, Halebian & Feffer, Scott W. Fisher, Bruce E. Gerstein, Garwin, Bronzaft, Gerstein & Fisher, New York City, Eugene A. Spector, Robert M. Roseman, Spector & Roseman, Philadelphia, PA, Edward F. Haber, Shapiro, Grace & Haber, Boston, MA, for plaintiffs.

John D. Donovan, Jr., Kathryn Selleck, John D. Donovan, Ropes & Gray, Ivan B. Knauer, Ropes & Gray, Patricia A. Early, Jeremiah T. O'Sullivan, Choate, Hall & Stewart, Boston, MA, Peter M. Saparoff, Helen A. Robichaud, Palmer & Dodge, Boston, MA, J. Dennis Faucher, Paula D. Shaffner, Saul, Ewing, Remick & Saul, Philadelphia, PA, James G. Rosenberg, James G. Rosenburg, David R. Moffitt, Paul C. Madden, Saul, Ewing, Remick & Saul, Philadelphia, PA, for defendants.


MEMORANDUM AND ORDER

MAZZONE, District Judge.

New America High Income Fund ("the Fund") is a management investment company trading in high yield bonds. More than three years ago, on March 27, 1990, a number of individuals who had invested in the Fund ("the plaintiffs")1, initiated litigation against the investment company alleging a variety of securities-related claims.2 Since then, this litigation...

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