Legal Opinion
Williams v. Balcor Pension Investors
District Court, N.D. Illinois
Decided May 12, 1993No. 90 C 0726PublishedCited by 15 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ZAGEL, District Judge.
This is a purported class action. Defendants offered eight limited partnerships to investors. Thousands of investors lost money and it is claimed that defendants violated federal securities law, RICO and the common law in selling these investments. Plaintiffs have moved for certification of the class.
BACKGROUND
The limited partnerships were sold from 1979 through 1988 and are referred to here as the “Mortgage Funds.” Plaintiffs contend that defendants described the Mortgage funds to investors as conservative investments, secured by real estate…
2Cases cited23 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Kirkpatrick v. J.C. Bradford & Co.Court of Appeals for the Eleventh Circuit · 1987
- Fed. Sec. L. Rep. P 96,173 Michael Susman v. Lincoln American Corp., Ann Flamm and Arnold Flamm v. Rudolph Eberstadt, Jr. And Microdot, Inc.Court of Appeals for the Seventh Circuit · 1977
18 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Gammon v. GC Services Ltd. PartnershipDistrict Court, N.D. Illinois · 1995
- In re Frontier Insurance Group, Inc. Securities LitigationDistrict Court, E.D. New York · 1997
- Ballan v. Upjohn Co.District Court, W.D. Michigan · 1994
- Mendez v. Radec Corp.District Court, W.D. New York · 2009
- In re Rent-Way Securities LitigationDistrict Court, W.D. Pennsylvania · 2003
10 more not listed; retrieve them via the Exa API.