Legal Opinion

Beebe v. Pacific Realty Trust

District Court, D. Oregon

Decided August 16, 1983No. Civ. No. 83-228-PAPublishedCited by 22 opinions

1Opinion of the Court

OPINION AND ORDER

PANNER, District Judge.

Plaintiff seeks class certification of a securities fraud action. Defendants oppose the motion generally, and offer specific arguments for narrowly defining any class which is certified. I GRANT the motion for class certification with certain refinements.

BACKGROUND

This is an action brought by a former shareholder of Pacific Realty Trust (“PacTrust”) individually and on behalf of all other similarly situated current and former PacTrust common shareholders. All of the defendants are alleged to have been involved in the sale of PacTrust stock to Kohlberg,…

2Cases cited72 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
  3. Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
  4. Coopers & Lybrand v. LivesaySupreme Court of the United States · 1978
  5. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976

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3Cited by22 opinions

  1. Adams v. ReaganCourt of Appeals of Texas · 1990
  2. Haywood v. BarnesDistrict Court, E.D. North Carolina · 1986
  3. Vinson v. Texas Commerce Bank-Houston, National Ass'n, Texas Court of Appeals, 5th District (Dallas)1994
  4. Grossman v. Waste Management, Inc.District Court, N.D. Illinois · 1984
  5. In Re American Continental Corporation/Lincoln Savings & Loan Securities LitigationDistrict Court, D. Arizona · 1992

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