In Re Four Seasons Securities Laws Litigation
United States Judicial Panel on Multidistrict Litigation
William Tomasello v. Walston & Co., Inc. and Frank Crimmins, Southern District of New York, Civ. Action No. 71 Civ. 719.
1Opinion of the Court
OPINION AND ORDER
2Per curiam
The financial collapse of Four Seasons Nursing Centers of America, Inc. and its related corporations led to the filing of ten stockholder actions alleging that the corporate officers, directors, underwriter and others had violated the federal securities laws. In an earlier opinion, the Panel concluded that the conflicting class claims and the common factual background alleged in these actions required their transfer under section 1407 for coordinated or consolidated pretrial proceedings. Because several of the Four Seasons Companies were undergoing a Chapter X reorganization…
3Cases cited3 opinions
- In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1971
- McRoberts v. Harvard Industries, Inc.United States Judicial Panel on Multidistrict Litigation · 1971
- American Cyanamid Co. v. Rachelle LaboratoriesUnited States Judicial Panel on Multidistrict Litigation · 1971
4Cited by14 opinions
- In Re Four Seasons Securities Laws Litigation. Randolph Phillips v. Jack L. Clark and Anne ClarkCourt of Appeals for the Tenth Circuit · 1975
- In Re King Resources Company Securities LitigationUnited States Judicial Panel on Multidistrict Litigation · 1972
- In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1972
- In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1973
- In Re Four Seasons Securities Laws LitigationUnited States Judicial Panel on Multidistrict Litigation · 1973
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