Twenty Seven Trust v. Realty Growth Investors

MEMORANDUM AND ORDER

JAMES R. MILLER, Jr., District Judge.

The plaintiff, the Twenty Seven Trust (Twenty Seven), brought this action against Realty Growth Investors (Realty) and RGI Holding Company, Inc. (RGI) on October 22, 1981. Twenty Seven’s four-count complaint alleged violations of the federal securities laws and Maryland common law in connection with RGI’s attempt to acquire all of the shares of beneficial interest in Realty. 1 On October 23, 1981, the Chambers Judge denied Twenty Seven’s request for a temporary restraining order which, if granted, would have enjoined a special meeting…