Legal Opinion
In Re New America High Income Fund Securities Litigation
District Court, D. Massachusetts
Decided August 27, 1993No. 90-10782-MAPublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
MAZZONE, District Judge.
New America High Income Fund (“the Fund”) is a management investment company trading in high yield bonds. More than three years ago, on March 27, 1990, a number of individuals who had invested in the Fund (“the plaintiffs”) 1 initiated litigation against the investment company alleging a variety of securities-related claims. 2 Since then, this litigation has undertaken a frustrating and uneven course. 3 The present Memorandum and Order marks its latest, and perhaps last stop at this level.
After a misstart, volumes of motions, and hearings, the…
2Cases cited17 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Robert C. Hahn v. Francis W. SargentCourt of Appeals for the First Circuit · 1975
- Thomasina Mack v. The Great Atlantic and Pacific Tea Company, Inc.Court of Appeals for the First Circuit · 1989
- Gilbert Roeder, Etc. v. Alpha Industries, Inc.Court of Appeals for the First Circuit · 1987
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3Cited by2 opinions
- Lucia v. Prospect Street High Income Portfolio, Inc.Court of Appeals for the First Circuit · 1994
- Lucia v. Prospect StreetCourt of Appeals for the First Circuit · 1994