Legal Opinion
Citizens Savings Ass'n v. Franciscus
District Court, M.D. Pennsylvania
Decided December 30, 1986No. Civ. 85-1892PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
NEALON, Chief Judge.
Plaintiffs instituted this action on December 30, 1985. The named defendants were allegedly officers and directors of Colonial Savings Association (“Colonial”), accountants for Colonial and the state regulatory agency 1 for banking. Plaintiffs averred that Citizens Savings Association (“Citizens”) and Colonial merged on December 29, 1983 and that Citizens subsequently discovered delinquencies and related problems with regard to certain “nation wide” loans. 2 Plaintiffs claimed that defendants violated the Racketeering Influenced and Corrupt…
2Cases cited17 opinions
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Iannelli v. United StatesSupreme Court of the United States · 1975
- Margaret Morgan and Burton Morgan v. Bank of Waukegan, a Banking CorporationCourt of Appeals for the Seventh Circuit · 1986
- B.F. Hirsch v. Enright Refining Company, Inc.Court of Appeals for the Third Circuit · 1984
- Conan Properties, Inc. v. Mattel, Inc.District Court, S.D. New York · 1985
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3Cited by4 opinions
- Hall American Center Associates Ltd. Partnership v. DickDistrict Court, E.D. Michigan · 1989
- Citizens Savings Ass'n v. FranciscusDistrict Court, M.D. Pennsylvania · 1988
- A Pocono Country Place, Inc. v. PetersonDistrict Court, M.D. Pennsylvania · 1987
- Sheridan v. WeinbergerDistrict Court, M.D. Pennsylvania · 1987