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BENDER v. ROCKY MOUNTAIN DRILLING ASSOCIATES

Civ. A. No. 86-0566.

648 F.Supp. 330 (1986)

Dorothy G. BENDER, et al., Plaintiffs, v. ROCKY MOUNTAIN DRILLING ASSOCIATES, et al.

United States District Court, District of Columbia.

November 12, 1986.

Attorney(s) appearing for the Case

Joel R. Kaswell, Barry H. Gottfried, and Clarence B. Nixon, III, Washington, D.C., for plaintiffs.

Charles F.C. Ruff, Arvid E. Roach II, Richard G. Slattery, Covington & Burling, and Robert Gold, Washington, D.C., for defendants.

OPINION

JUNE L. GREEN, District Judge.

Plaintiffs are a group of investors who purchased limited partnership interests in Rocky Mountain Drilling Associates ("Rocky Mountain") in December 1980. Subsequently, the value of plaintiffs' interests declined precipitously and they commenced this action for damages or rescission. Plaintiffs allege that defendants participated in a conspiracy to defraud them, and in so doing violated federal securities and racketeering...

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