Legal Opinion

Donohoe v. Consolidated Operating & Production Corp.

Court of Appeals for the Seventh Circuit

Decided July 28, 1994No. 93-3610PublishedCited by 13 opinions

1Opinion of the Court

CUDAHY, Circuit Judge.

We address here the one remaining issue in this complex securities fraud suit arising out of an ill-fated oil-drilling project. The plaintiffs’ claim, in a nutshell, is that the defendants fraudulently lured them into investing in a project to drill oil wells on land *909in which the defendants fully knew there wasn’t any oil to be found.1 Terrence Dono-hoe and 58 other aggrieved investors brought suit against Consolidated Operating & Production Corporation (COPCO) and its principals and shareholders: Jack Nortman, Mor-ando Berrettini, Dennis Bridges and two companies that…

2Cases cited17 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. Christianson v. Colt Industries Operating Corp.Supreme Court of the United States · 1988
  4. Rodriguez De Quijas v. Shearson/American Express, Inc.Supreme Court of the United States · 1989
  5. Arizona v. CaliforniaSupreme Court of the United States · 1983

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3Cited by13 opinions

  1. In Re Reliance Securities LitigationDistrict Court, D. Delaware · 2000
  2. In Re Telxon Corp. Securities LitigationDistrict Court, N.D. Ohio · 2000
  3. In Re Reliance Securities LitigationDistrict Court, D. Delaware · 2001
  4. Holland v. Delray Connecting RailroadDistrict Court, N.D. Indiana · 2004
  5. Commodity Futures Trading Commission v. Sterling Trading Group, Inc.District Court, S.D. Florida · 2009

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