IN RE NEW ENGLAND MUT. LIFE INS. CO. LITIGATION

No. C93-750Z.

841 F.Supp. 345 (1994)

In re NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY LITIGATION. This Document Relates to: All Actions Ronald TIMMONS, Bruce Kelley, and Michael Hogan, on Behalf of themselves and all persons similarly situated, Plaintiffs, v. NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY, a Massachusetts corporation, and Copley Real Estate Advisors, Inc., a Massachusetts corporation, Defendants. Alice LOCKWOOD, on Behalf of herself and all others similarly situated, Plaintiffs, v. NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY, a Massachusetts corporation; and Copley Real Estate Advisors, Inc., a Massachusetts corporation, Defendants. David GUTERSON, on Behalf of himself and all others similarly situated, Plaintiffs, v. NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY, a Massachusetts corporation; and Copley Real Estate Advisors, Inc., a Massachusetts corporation, Defendants. Marilyn VITKEVICH, on Behalf of Herself and All Others Similarly Situated, Plaintiffs, v. NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY, a Massachusetts corporation; and Copley Real Estate Advisors, Inc., a Massachusetts corporation, Defendants.

United States District Court, W.D. Washington, N.D.

January 4, 1994.


Attorney(s) appearing for the Case

Anthony D. Shapiro, Rohan, Goldfarb & Shapiro, Steve W. Berman, Clifford Allen Cantor, Jeffrey W. Thomas, Hagens & Berman, Seattle, WA, Suzanne A. Barr, Lieff Cabraser & Heimann, San Francisco, CA, Susan Gonick, Milberg Weiss Bershad Hynes & Lerach, San Diego, CA, Merrill G. Davidoff, Alan M. Sandals, Berger & Montague, P.C., Philadelphia, PA, for plaintiffs Ronald Timmons, Bruce Kelley, Michael Hogan.

Lynn Lincoln Sarko, John H. Bright, David R. Major, Mark A. Griffin, Keller Rohrback, Seattle, WA, Suzanne A. Barr, Lieff Cabraser & Heimann, San Francisco, CA, Susan Gonick, Milberg Weiss Bershad Hynes & Lerach, San Diego, CA, Merrill G. Davidoff, Alan M. Sandals, Berger & Montague, P.C., Philadelphia, PA, for plaintiffs Alice Lockwood.

John H. Bright and Lynn Lincoln Sarko, Keller Rohrback, Seattle, WA, Suzanne A. Barr, Lieff Cabraser & Heimann, San Francisco, CA, Lucia C. Savage, Sigman & Lewis, Oakland, CA, Susan Gonick, Milberg Weiss Bershad Hynes & Lerach, San Diego, CA, Merrill G. Davidoff, Alan M. Sandals, Berger & Montague, P.C., Philadelphia, PA, for plaintiffs David Guterson.

Lynn Lincoln Sarko, John H. Bright, David R. Major, Mark A. Griffin, Keller Rohrback, Seattle, WA, Donald L. Perelman, Fine, Kaplan & Black, Philadelphia, PA, Suzanne A. Barr, James M. Finberg, Lieff Cabraser & Heimann, San Francisco, CA, Susan Gonick, Milberg Weiss Bershad Hynes & Lerach, San Diego, CA, Merrill G. Davidoff, Alan M. Sandals, Berger & Montague, P.C., Philadelphia, PA, for plaintiffs Marilyn Vitkevich.

Barry M. Kaplan, Perkins Coie, Seattle, WA, Stephen Jonas, Stephen H. Oleskey, Brian E. Whiteley, Hale & Dorr, Boston, MA, for defendants New England Mut. Life Ins. Co. and Copley Real Estate Advisors, Inc.

Christine O. Gregoire, Atty. Gen., David E. Walsh, Deputy Atty. Gen., Olympia, WA, Marco J. Magnano, Jr., Stellman Keehnel, Roger D. Mellem, Foster Pepper & Shefelman, Seattle, WA, Dennis Bromley, Pillsbury, Madison & Sutro, San Francisco, CA, for amicus Washington State Inv. Bd.


ORDER

ZILLY, District Judge.

BACKGROUND

This matter comes before the Court on defendants' motion to dismiss, docket no. 29. Defendants, The New England Mutual Life Insurance Co., Copley Real Estate Advisors, Inc. and Copley Advisors, Inc. (collectively "TNE/Copley") have provided investment advice and services to the Washington State Investment Board ("WSIB") in connection with a series of real estate investments that are alleged to have...

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