Legal Opinion
In Re Penn Central Securities Litigation
United States Judicial Panel on Multidistrict Litigation
Decided November 4, 1971No. 56PublishedCited by 11 opinions
1Per curiam
The civil litigation involving the Penn Central Company’s financial affairs has been the subject of two previous Panel Opinions. In January 1971, the Panel transferred eight actions brought by holders of the stocks and bonds of the Penn Central companies to the Eastern District of Pennsylvania for coordinated or consolidated pretrial proceedings with nine similar actions pending there. In re Penn Central Securities Litigation, 322 F.Supp. 1021 (Jud.Pan.Mult.Lit.1971). All actions were assigned to Judge Joseph S. Lord, III, of that district. In April of 1971 the Panel concluded that twelve…
2Cases cited3 opinions
- In Re Plumbing Fixture CasesUnited States Judicial Panel on Multidistrict Litigation · 1968
- In Re Penn Central Securities LitigationUnited States Judicial Panel on Multidistrict Litigation · 1971
- In Re Penn Central Securities LitigationUnited States Judicial Panel on Multidistrict Litigation · 1971
3Cited by11 opinions
- Gibbs v. Plain Green, LLCDistrict Court, E.D. Virginia · 2018
- In Re Penn Central Securities LitigationDistrict Court, E.D. Pennsylvania · 1976
- Curtis v. BP America, Inc.District Court, S.D. Texas · 2011
- In Re Penn Central Securities Litigation. Appeal of Shearson Hayden Stone Inc., Bache & Co., Inc., Drexel Burnham & Co., Inc., Loeb, Roades & Co., Paine, Webber, Jackson & Curtis Inc., Wheat, First Securities Inc., Dean Witter & Co., Inc., E. F. Hutton & Co., Inc., Hornblower& Weeks-Hemphill, Noyes Incorporated, Merrill Lynch, Pierce, Fenner & Smith Inc., Reynolds Securities Inc., L. F. Rothschild & Co., and Thompson & McKinnon Auchicloss Kohlmeyer IncCourt of Appeals for the First Circuit · 1977
- In Re Penn Central Securities LitigationUnited States Judicial Panel on Multidistrict Litigation · 1972
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