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AMBROSINO v. RODMAN & RENSHAW, INC.

No. 84 C 4586.

635 F.Supp. 968 (1986)

Dan AMBROSINO, et al., Plaintiffs, v. RODMAN & RENSHAW, INC., et al., Defendants.

United States District Court, N.D. Illinois, E.D.

January 23, 1986.

Attorney(s) appearing for the Case

Allen B. Witz, James S. Barber, Andrew B. David, Arvey, Hodes, Costello & Burman, Chicago, Ill., for plaintiffs.

Ira Gould, Victoria Zielinski, Holleb & Coff, Ltd., Chicago, Ill., for Richard Berry and Berry Petroleum Consultants.

Robert B. Smidt, pro se.

Ira S. Kolb, Robert Dunn Glick, Franklin S. Schwerin, Schwartz, Cooper, Kolb & Gaynor, Chicago, Ill., for Rodman & Renshaw, Inc., Rodman Properties, Ltd., Richard Rice, Alan Berggren and John Weiss.

Brian J. Wanca, Margaret A. Unger, John W. Emerson, Johnson, Cusack & Bell, Ltd., Chicago, Ill., for William J. Pitts Enterprises, Inc., William J. Pitts, John J. Harte, Pexco 81-Year End Drilling Program, Pexco 82-2 Drilling Program.

MEMORANDUM OPINION AND ORDER

PLUNKETT, District Judge.

In this securities fraud case, Plaintiffs are purchasers of limited partnership interests in one or more of three oil and gas drilling programs, referred to in the amended complaint (the "complaint") as the PEXCO drilling programs. The three separate programs are designated PEXCO 81-1 Drilling Program ("81-1"), PEXCO 81-Year End Drilling Program ("81-Year End"), and PEXCO 82-2 Drilling Program ("82-2...

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