In Re Sahlen & Associates, Inc. Securities Litigation

MEMORANDUM & ORDER

HOEYELER, District Judge.

THIS CAUSE comes before the Court on numerous motions to dismiss filed by various Defendants in six of the consolidated actions bearing the master file number 89-6308-CIV-HOEVELER. 1

FACTUAL BACKGROUND

Prior to 1986, Sahlen & Associates, Inc. (“SAI” or “the Company”), a Delaware corporation with its principal place of business in Deerfield Beach, Florida, was a relatively small company primarily involved in providing private investigative services to the insurance industry, attorneys and other corporate clients. In 1986, however, SAI undertook an…