Legal Opinion

In Re VMS Securities Litigation

District Court, N.D. Illinois

Decided October 31, 1990No. 89 C 9448PublishedCited by 25 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

CONLON, District Judge.

This consolidated class action and shareholder derivative suit was brought on behalf of disappointed investors in one or more of five real estate investment trusts and three real estate limited partnerships (collectively, “the Funds”). The Funds were allegedly sponsored by VMS Realty Partners, one of the defendants. The plaintiff class consists of all persons who purchased securities of the Funds during the period from the first public issuance of any securities of the Funds to February 13, 1990 (“the class period”). 1 The consolidated…

2Cases cited73 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. Hishon v. King & SpaldingSupreme Court of the United States · 1984
  4. Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
  5. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976

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3Cited by25 opinions

  1. William B. Scheidt and Wanda C. Scheidt v. William Randolph KleinCourt of Appeals for the Tenth Circuit · 1992
  2. In Re Sahlen & Associates, Inc. Securities LitigationDistrict Court, S.D. Florida · 1991
  3. In Re Prudential Insurance Co. of America Sales Practices LitigationDistrict Court, D. New Jersey · 1997
  4. In re VMS Securities LitigationDistrict Court, N.D. Illinois · 1991
  5. Danis v. USN Communications, Inc.District Court, N.D. Illinois · 1999

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