Legal Opinion

Friedman v. Arizona World Nurseries Ltd. Partnership

District Court, S.D. New York

Decided January 24, 1990No. 86 Civ. 9834(KC), 88 Civ. 2212(KC), 88 Civ. 6306(KC), 88 Civ. 8795(KC) and 89 Civ. 5194(KC)PublishedCited by 76 opinions

1Opinion of the Court

OPINION AND ORDER

CONBOY, District Judge:

I. BACKGROUND

Plaintiffs, seventy in all, have brought this action against the twenty-nine named defendants, claiming that their investment in defendant Arizona World Nurseries Limited Partnership (“AWNLP”) was induced by the assertedly misleading Private Placement Memorandum (the “Memorandum” or “Offering Memorandum”), appended to which were the allegedly misleading Tax Opinion Letter and Financial Projections and Compilation Reports (the “Financial Projections”), which documents were prepared by some or all of the defendants. Plaintiffs have alleged…

2Cases cited85 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  3. Scheuer v. RhodesSupreme Court of the United States · 1974
  4. Hughes v. RoweSupreme Court of the United States · 1980
  5. Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985

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3Cited by76 opinions

  1. In Re Westinghouse Securities Litigation. Margaret Alessi, Gloria Bertinato, Michael C. Christner, Anna Marie Eroshevich, Toby Feuer, Kanwal K. Gupta, M.D., Matthew Harlib, Stanley Hershfang, Arnold M. Jacob, Louise Jacob, David Jaroslawicz, David Kirschner, Nathan Kleinhandler, Gerry Krim, Peter Lagorio, Nelson Lovins, Donald McLennan Jacob Joseph Miller, Dr. Alexander Miller, Thomas Mitchell, Edward Murabito, Michael E. Nogay, Joseph Raschak, Richard Schwartzchild, Dr. Michael Slavin, Dr. Michael Solomon, Selma Solomon, Spring Creek Cardiomedical Center, Ruth Stepak, Jim Thompson, Patricia J. Vanartsdalen, Albert ZuckerCourt of Appeals for the Third Circuit · 1996
  2. Ivan N. Schatz Joann B. Schatz v. Mark E. Rosenberg Mer Enterprises, Incorporated Stephen Jaeger Weinberg & GreenCourt of Appeals for the Fourth Circuit · 1991
  3. In Re MicroStrategy, Inc. Securities LitigationDistrict Court, E.D. Virginia · 2000
  4. In Re Integrated Resources Real Estate Ltd. Partnerships Securities LitigationDistrict Court, S.D. New York · 1993
  5. Ernest P. Kline v. First Western Government Securities, Inc.Court of Appeals for the First Circuit · 1994

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