McNAMARA v. BRE-X MINERALS LTD.

No. 5-97CV-159.

46 F.Supp.2d 628 (1999)

Lane McNAMARA, et al., Plaintiffs, v. BRE-X MINERALS LTD., et al., Defendants.

United States District Court, E.D. Texas, Texarkana Division.

March 18, 1999.


Attorney(s) appearing for the Case

H. Lee Godfrey, Susman Godfrey LLP, Houston, TX, Damon Young, Young & Pickett, Texarkana, TX, for Lane McNamara.

H. Lee Godfrey, Susman Godfrey LLP, Houston, TX, A. Paul Miller, Miller James Miller Wyly & Hornsby, Texarkana, TX, R. Paul Yetter, Yetter & Warden, Houston, TX, Damon Young, Young & Pickett, Texarkana, TX, for Reuven Randall Singer.

H. Lee Godfrey, Susman Godfrey LLP, Houston, TX, A. Paul Miller, Miller James Miller Wyly & Hornsby, Texarkana, TX, R. Paul Yetter, Yetter & Warden, Houston, TX, Damon Young, Young & Pickett, Texarkana, TX, for all Plaintiffs.

T. Richard Handler, Jenkens & Gilchrist, Dallas, TX, for John B. Felderhof.

Robert E. Dodson, Gooding & Dodson, Texarkana, TX, Glen Carter Hudspeth, Texarkana, TX, for John B. Thorpe.

Karen Patton Seymour, Tiffany M. Erwin, D. Stuart Meiklejohn, Sharon Nelles, Sullivan & Cromwell, New York, NY, Preston Worley McGee, Tyler, TX, for Rolando C. Francisco.

Gary D. Grimes, David Gibson Paul, Grimes & Paul, Texarkana, TX, for Hugh C. Lyons.

Johnny Paul Arnold, Texarkana, TX, for Paul M. Kavanaugh.

David J. Beck, Lavalin Group, Inc., Beck Redden & Secrest LLP, Houston, TX, Paul E Summit, Sullivan & Worcester, Boston, MA, for SNC-Lavalin Group, Inc.


ORDER

FOLSOM, District Judge.

Several Defendants in this action have filed motions to dismiss for lack of personal jurisdiction under Federal Rule of Civil Procedure 12(b)(2). After considering the arguments of the parties, the Court finds that these motions are not well taken.

I. BACKGROUND

This is a securities fraud case. Seeking class certification, the named Plaintiffs are persons who purchased common stock of Bre-X Minerals Ltd. (...

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