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SAMUELS v. WILDER

No. 85 C 5711.

702 F.Supp. 1377 (1987)

Howard B. SAMUELS, et al., Plaintiffs, v. Jack WILDER, et al., Defendants.

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

Supplemental Order on Denial of Rehearing December 24, 1987.

Reconsideration March 9, 1988.

Attorney(s) appearing for the Case

James A. Nations, Terence P. Boyle, William R. Fishman, O'Connor & Hannan, Denver, Colo., Stephen C. Shamberg, Brad L. Jansen, C. Elizabeth McCarty, Friedman & Koven, Jeffrey D. Hupert, Norman S. Lynn, James W. Corbett, Joel Teibloom, Shelley R.Z. Barnett, Lynn & Levenstein, Ltd., Chicago, Ill., for plaintiffs.

Randall L. Mitchell, Philip Fertik, Paul E. Lehner, Adams, Fox, Adelstein & Rosen, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

ZAGEL, District Judge.

I

The plaintiffs invested $2,744,000 in oil and gas drilling programs at the solicitation of Wilder, a defendant. Wilder told them of his special tie to Sanguine, Ltd., another defendant, which was a company expert in the oil and gas business. Wilder said to plaintiffs that he and his corporations (defendants Wilder, Inc. and Ansam & Associates...

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