Slavin v. Morgan Stanley & Co., Inc.
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM AND ORDER ON DEFENDANTS’ MOTION TO DISMISS
SKINNER, District Judge.
Defendants, three major financial institutions, served as underwriters for a set of Bank of New England bonds in September, 1989. Each defendant underwrote approximately one third of the $250 million dollar principal amount of the bonds, which were then sold on a public offering. On January 7,1991, the Bank of New England (“BNE”) filed for bankruptcy, rendering the bonds worthless. Plaintiffs assert their claims as a class action, purporting to represent the class of investors who purchased the bonds from September…
2Cases cited16 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- James B. Beam Distilling Co. v. GeorgiaSupreme Court of the United States · 1991
- Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
- Blue Sky L. Rep. P 72,496, Fed. Sec. L. Rep. P 93,186 Thorburn Kennedy, Trustee v. Josephthal & Company, Inc., Edward M. Swartz and Fredric SwartzCourt of Appeals for the First Circuit · 1987
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- Berry v. Valence Technology, Inc.Court of Appeals for the Ninth Circuit · 1999
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