Legal Opinion
Police Retirement System of St. Louis v. Midwest Investment Advisory Service, Inc.
Court of Appeals for the Eighth Circuit
Decided August 1, 1991No. Nos. 89-2770EM, 89-3028EM and 90-1743EMPublishedCited by 1 opinion
1Opinion of the Court
ARNOLD, Circuit Judge.
This consolidated appeal is about the Police Retirement System of St. Louis and the companies chosen to manage that pension fund’s assets. The System grew increasingly dissatisfied with some of its investment advisors. Eventually it fired them, and then sued. The complaint alleged a multi-level scheme to defraud the System. An intervening prosecution of some of the named defendants for crimes arising out of their role in managing the System’s investments set the stage for the civil trial on *353review here. A mid-trial settlement between the System and several defendants…
2Cases cited9 opinions
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- Superior Oil Co. v. FulmerCourt of Appeals for the Eighth Circuit · 1986
- Martha POE, Appellant, v. JOHN DEERE COMPANY, AppelleeCourt of Appeals for the Eighth Circuit · 1982
- Zoll v. Eastern Allamakee Community School DistrictCourt of Appeals for the Eighth Circuit · 1978
- United States v. Anthony D. DanieleCourt of Appeals for the Eighth Circuit · 1989
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