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ABELES v. OPPENHEIMER & CO., INC.

No. 83 C 1468.

662 F.Supp. 290 (1986)

Jerome ABELES, et al., Plaintiffs, v. OPPENHEIMER & CO., INC., et al., Defendants.

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

March 5, 1986.

Attorney(s) appearing for the Case

Robert B. Harris, David C. Roston, Altheimer & Gray, Chicago, Ill., for plaintiffs; Perry Goldberg, Specks & Goldberg, Ltd., Chicago, Ill., of counsel.

James E. Beckley, J. David Montague, Richard S. Schultz, James E. Beckley & Associates, Gary A. Sultz, Stephanie Kanwit, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

DECKER, District Judge.

This securities action involves transactions in forward contracts for the purchase and sale of Government National Mortgage Association certificates ("GNMA forwards"). Plaintiffs, Jerome and Betty Abeles (the "Abeleses"), and members of a class they seek to represent, contracted with the defendants, Oppenheimer & Co., Inc., and Oppenheimer Government Securities, Inc. (collectively "Oppenheimer"), to...

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