Legal Opinion
Helfand v. Cenco, Inc.
District Court, N.D. Illinois
Decided June 30, 1981No. Nos. 75 C 2227, 75 C 2506, 75 C 2981, 75 C 3394 and 76 C 1085PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
CROWLEY, District Judge.
Plaintiffs, security holders of Cenco, Inc., brought these class actions to enforce rights created under federal securities regulations and common law charging that from 1970 to 1975 Cenco and several of its employees, along with other individuals, manipulated inventory and altered sales figures as part of a common plan to falsify Cenco’s financial position. Seidman & Seidman, Cenco’s auditors, has agreed to settle with the class for $3.5 million. The joint application for fees and costs before the court at this time has been submitted in…
2Cases cited9 opinions
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Merola v. Atlantic Richfield Co.Court of Appeals for the Third Circuit · 1974
- National Treasury Employees Union v. NixonCourt of Appeals for the D.C. Circuit · 1975
- Arenson v. Board of Trade of City of ChicagoDistrict Court, N.D. Illinois · 1974
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3Cited by3 opinions
- In Re Cenco Inc. Securities LitigationDistrict Court, N.D. Illinois · 1981
- United Nuclear Corp. v. Allendale Mutual InsuranceNew Mexico Supreme Court · 1985
- United Nuclear Corp. v. Allendale Mutual InsuranceNew Mexico Supreme Court · 1985