In Re Olympia Brewing Co. Securities Litigation
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ANN C. WILLIAMS, District Judge.
In the early spring of 1977, the price of several securities experienced a precipitous drop. Subsequently, seventeen separate actions were filed against Loeb Rhoades & Co. and Loeb Rhoades & Co., Inc. (collectively "Loeb Rhoades”). The seventeen cases, consolidated for discovery and trial, concern the alleged market manipulation of the common stocks of Stange Corp., Olympia Brewing Co., Lawry’s Foods, Inc. and Fay’s Drugs. The original pleadings ranged in kind from single-plaintiff and single-defendant complaints to multiple-party…
2Cases cited91 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Foman v. DavisSupreme Court of the United States · 1962
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
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3Cited by49 opinions
- Securities Investor Protection Corp. v. Stratton Oakmont, Inc.United States Bankruptcy Court, S.D. New York · 1999
- Sears v. LikensCourt of Appeals for the Seventh Circuit · 1990
- Fed. Sec. L. Rep. P 98,658 Paulette Eichenholtz, Individually and on Behalf of All Others Similarly Situated and Derivatively on Behalf of International Breeders, Inc., and David W. Craig, (Intervenor in d.c.) v. Robert E. Brennan First Jersey Securities, Inc. International Thoroughbred Breeders, Inc. Garden State Racetrack, Inc. Rooney Pace, Inc. First Philadelphia Corporation Kerry B. Fitzpatrick John W. Allen Joseph C. Daniel, Jr. Jack Price Robert J. Quigley Norman Rothstein John J. Degnan Richard J. Hughes Ronald J. Riccio Joseph K. Fisher and Herbert Barness. Larry Salberg, Individually and on Behalf of All Others Similarly Situated and David W. Craig, (Intervenor in d.c.) v. Robert E. Brennan First Jersey Securities, Inc. International Thoroughbred Breeders, Inc. Rooney Pace, Inc. Kerry B. Fitzpatrick Robert J. Quigley John J. Degnan Richard J. Hughes Ronald J. Riccio and Joseph K. Fisher First Jersey Securities, Inc. Rooney Pace, Inc. And First Philadelphia Corporation, No. 94-5253, D.C. Civ. A. Nos. 88-Cv-00515, 88-Cv-00773Court of Appeals for the First Circuit · 1995
- Baker, Watts & Company v. Miles & Stockbridge Timothy R. Casgar, Baker, Watts & Company v. Miles & Stockbridge Timothy R. CasgarCourt of Appeals for the Fourth Circuit · 1989
- Sears v. LikensCourt of Appeals for the Seventh Circuit · 1990
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