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CARVER v. CONTINENTAL GRAIN CO.

Civ. No. 4-87-156.

662 F.Supp. 250 (1987)

Arnold CARVER, Richard Christensen, Richard N. Davies, R.N. Davies, Keith A. Fligge, Rex D. Frederick, Frances D. Frederick, A.J. Hamren, Michael G. Jacquat, James C. Larson, Clayton H. Johnson, J. Wayne McCluskey, L.J. Rychman and Marvin C. Velzke, Plaintiffs, v. CONTINENTAL GRAIN COMPANY, a Delaware Corporation, ContiCommodity Services, Inc., a Delaware Corporation, and Jon Abmeyer, Defendants.

United States District Court, D. Minnesota, Fourth Division.

June 26, 1987.

Attorney(s) appearing for the Case

Harvey, Thorfinnson & Scoggin, Ross L. Thorfinnson, Kevin C. Lanigan, Eden Prairie, Minn., for plaintiffs.

Oppenheimer Wolff & Donnelly, Darwin J. Lookingbill, Minneapolis, Minn. (Jenner & Block, Eugene Wedoff, Chicago, Ill., of counsel), for defendants.

ORDER

DOTY, District Judge.

This matter is before the Court on defendants' motion to dismiss Count I of plaintiffs' Complaint alleging violation of the Commodity Exchange Act, 7 U.S.C. § 1 et seq. (1978).

FACTS

Count I of plaintiffs' Complaint alleges that defendants made false representations in violation of §§ 6b and 6o of the Commodity Exchange Act causing losses in plaintiffs' commodity trading accounts...

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