Stanley v. Black

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MASSACHUSETTS JEAN L. STANLEY and ) MICHAEL J. QUIGLEY, Personal ) Representative of the Estate ) of LORETTA CLUNE, ) ) Plaintiffs, ) ) v. ) CIVIL ACTION NO. ) 16-cv-12647-DPW STANLEY T. SCHMIDT and ) ALEXANDER R. BLACK, ) ) Defendants. ) MEMORANDUM AND ORDER March 28, 2019 This is an action for securities fraud and negligence brought by Jean Stanley and Loretta Clune, against an investment advisory company they used — Interinvest Corporation, Inc. (“Interinvest”) — and three of its senior executives — Dr. Hans P. Black (“Dr. Black”), Stanley…