Legal Opinion

In Re Four Seasons Securities Laws Litigation

United States Judicial Panel on Multidistrict Litigation

Decided August 3, 1973No. 55PublishedCited by 6 opinions

1Opinion of the Court

OPINION AND ORDER

2Per curiam

In September of 1970 Pancotto filed an action in the Northern District of Illinois alleging that Walston and its local representative in charge of plaintiff’s brokerage account had violated the federal securities laws by purchasing stock of Four Seasons Equity Corporation, Holobeam, Inc. and International Funeral Services without his authorization and by inducing him to purchase additional shares through false statements of material facts. All discovery regard-' ing Pancotto’s claims was completed in the latter part of 1971 and the action was set for trial. Shortly before the…

3Cases cited5 opinions

  1. In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1971
  2. In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1971
  3. In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1972
  4. In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1973
  5. Abrams v. Walston & Co.United States Judicial Panel on Multidistrict Litigation · 1973

4Cited by6 opinions

  1. D & G Enterprises v. Continental Illinois National Bank & Trust Co.District Court, N.D. Illinois · 1983
  2. General Electric Company, a Corporation v. Hon. William Matthew Byrne, Jr., United States District Judge for the Central District of CaliforniaCourt of Appeals for the Seventh Circuit · 1979
  3. In Re Air Crash Disaster at Paris, France, on March 3, 1974United States Judicial Panel on Multidistrict Litigation · 1974
  4. Phillips v. ClarkUnited States Judicial Panel on Multidistrict Litigation · 1974
  5. United States Ex Rel. Cosens v. St. Francis HospitalDistrict Court, E.D. New York · 2002

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