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SAMUEL v. PACE MEMBERSHIP, INC.

Civ. A. No. 86-C-2384.

686 F.Supp. 873 (1988)

Gerry SAMUEL, Plaintiff, v. PACE MEMBERSHIP, INC.; Henry W. Haimsohn; Bruce C. Lindstrom; Wayne H. Patterson; Charles E. Steinbrueck; T. James Vaughan; and Richard J. Smeltz, Defendants.

United States District Court, D. Colorado.

June 15, 1988.

Attorney(s) appearing for the Case

James A. Shpall, Wolf & Slatkin, Denver, Colo., Sherrie Brown, Wolf, Popper, Ross, Wolf & Jones, New York City, for plaintiff.

William E. Murane, Holly S. Stein, Holland & Hart, Denver, Colo., for defendants.

ORDER

CARRIGAN, District Judge.

Plaintiff has filed this class action against Pace Membership Warehouse, Inc. ("Pace") and its corporate officers asserting claims on behalf of all shareholders who purchased Pace stock during the period of June 2, 1986 through July 15, 1986. Generally, the complaint alleges that Pace and its officers made a series of false and misleading public announcements designed to inflate the stock price and deceive investors. Plaintiff...

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