Legal Opinion

Samuels v. Wilder

District Court, N.D. Illinois

Decided October 8, 1987No. 85 C 5711PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

ZAGEL, District Judge.

I

The plaintiffs invested $2,744,000 in oil and gas drilling programs at the solicita*1379tion of Wilder, a defendant. Wilder told them of his special tie to Sanguine, Ltd., another defendant, which was a company-expert in the oil and gas business. Wilder said to plaintiffs that he and his corporations (defendants Wilder, Inc. and Ansam & Associates, Inc.) would act in plaintiffs’ best interests in selecting and making oil and gas investments. Wilder knew plaintiffs had little experience in this sort of business and for his services he collected a…

2Cases cited14 opinions

  1. Levine v. Shell Oil Co.New York Court of Appeals · 1971
  2. In Re Washington Public Power Supply System Securities Litigation. Henry Puchall v. Houghton, Cluck, Coughlin & RileyCourt of Appeals for the Ninth Circuit · 1987
  3. Winthrop F. Davis v. Chevy Chase Financial Limited and B. Francis SaulCourt of Appeals for the D.C. Circuit · 1981
  4. Daniel L. SHULL, Appellant, v. DAIN, KALMAN & QUAIL, INC., a Corporation, and Harry Ware, AppelleesCourt of Appeals for the Eighth Circuit · 1977
  5. Landry v. All American Assurance Co.Court of Appeals for the Fifth Circuit · 1982

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3Cited by2 opinions

  1. Howard B. Samuels v. Jack WilderCourt of Appeals for the Seventh Circuit · 1989
  2. Howard B. Samuels, and Terence P. Boyle and James A. Nations, Cross-Appellees v. Jack Wilder, Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1990

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