Legal Opinion

In Re Professional Financial Management, Ltd.

District Court, D. Minnesota

Decided July 8, 1988No. Civ. 4-85-1600PublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM OPINION and ORDER

DIANA E. MURPHY, District Judge.

I. BACKGROUND

The general background of this complex litigation is set forth in the court’s April 15, 1987 Memorandum Opinion and Order in Nielsen v. Professional Financial Management, Ltd., 682 F.Supp. 429 (D.Minn.1987). Plaintiffs’ claims in Nielsen relate to the “Energy Brain” leasing and tax shelter plan. Now before the court is plaintiffs’ summary judgment motion against defendants Sheldon P. Barr (Barr) and Enersonics, Inc. (Enersonics). 1 Summary judgment is sought on three claims: under the Securities Act of 1933, § 12(2), 15…

2Cases cited32 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
  3. Migra v. Warren City School District Board of EducationSupreme Court of the United States · 1984
  4. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  5. United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975

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3Cited by9 opinions

  1. Connecticut General Life Insurance v. ColeDistrict Court, S.D. New York · 1993
  2. Plymouth County Retirement Ass'n v. Primo Water Corp.District Court, M.D. North Carolina · 2013
  3. In Re National Century Financial Enterprises, Inc., Investment LitigationDistrict Court, S.D. Ohio · 2007
  4. In re National Century Financial Enterprises, Inc., Investment LitigationDistrict Court, S.D. Ohio · 2012
  5. In Re Professional Financial Management, Ltd.District Court, D. Minnesota · 1989

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