Legal Opinion
Shields v. Keating
District Court, D. Arizona
Decided January 7, 1992No. MDL 834; Nos. Civ 90-566 PHX-RMB to CIV 90-570 PHX-RMB, CIV 90-574 PHX-RMB and CIV 90-1270 PHX-RMBPublishedCited by 44 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
BILBY, District Judge.
Defendants seek decertification of the plaintiff class in these consolidated federal and state actions. Class plaintiffs purchased securities issued by American Continental Corporation (“ACC”), parent company to Lincoln Savings and Loan Association (“Lincoln”). The failure of the ACC/Lincoln enterprise precipitated the present actions against chairman Charles H. Keating, Jr., ACC/Lincoln directors and officers, lawyers, accountants and others. These Motions to Decertify were initially brought by the accountant and lawyer Defendants, and other…
2Cases cited25 opinions
- General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
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3Cited by44 opinions
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- Henry v. Lehman Commercial Paper, Inc. (In Re First Alliance Mortgage Co.)Court of Appeals for the First Circuit · 2006
- Henry v. Lehman Commercial Paper, Inc.Court of Appeals for the Ninth Circuit · 2006
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