Legal Opinion

Village of Arlington Heights v. Poder

District Court, N.D. Illinois

Decided May 3, 1989No. 88 C 3634PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM ORDER AND OPINION

ROVNER, District Judge.

I. INTRODUCTION

Three separate complaints 1 were filed in this case by the Village of Arlington Heights (“Village”), the Village of Arlington Heights Fire Pension Fund (“Fire Fund”), and the Village of Arlington Heights Police Pension Fund (“Police Fund”) 2 against Lee L. Poder (“Poder”), the Village’s former treasurer, and Drexel Burnham Lambert Government Securities, Inc. (“Drexel”) for alleged violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. The plaintiffs also assert various Illinois state law claims based…

2Cases cited23 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  3. Scheuer v. RhodesSupreme Court of the United States · 1974
  4. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  5. Chiarella v. United StatesSupreme Court of the United States · 1980

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3Cited by6 opinions

  1. In Re Prudential Insurance Co. of America Sales Practices LitigationDistrict Court, D. New Jersey · 1997
  2. Burns v. Prudential SecuritiesDistrict Court, N.D. Ohio · 2000
  3. Rowe v. Morgan Stanley Dean WitterDistrict Court, D. New Jersey · 1999
  4. Arioli v. Prudential-Bache Securities, Inc.District Court, E.D. Michigan · 1992
  5. Rivera v. Clark Melvin Securities Corp.District Court, D. Puerto Rico · 1999

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