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McINNIS v. MERRILL LYNCH, PIERCE, FENNER & SMITH

No. 3-87-0062.

706 F.Supp. 1355 (1989)

C. Rush McINNIS, et al. v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., et al.

United States District Court, M.D. Tennessee, Nashville Division.

January 20, 1989.

Attorney(s) appearing for the Case

J. Vernon Patrick, Jr., Patrick & Lacy, P.C., Birmingham, Ala., and Ames Davis, Nashville, Tenn., for plaintiffs.

Mary Aronov, Leo Bearman, Jr., Roy Keathley, Heiskell, Donelson, Bearman, Adams, Williams & Kirsch, Memphis, Tenn., for Sandestin Beach Hotel and Frank L. Flautt, Jr.

N. Lee Cooper, A. Inge Selden, III, James L. Priester, Maynard, Cooper, Frierson & Gale, P.C., Birmingham, Ala., David C. Andrew, L.H. Armistead, Baker, Worthington, Crossley, Stansberry & Woolf, Nashville, Tenn., for Merrill Lynch.

Patricia A. McGee, Michael L. Edwards, Balch & Bingham, Birmingham, Ala., and Ellen Hobbs Lyle, Trabus Sturdivant Dewitt, Nader Baydoun, Harris & Baydoun, Nashville, Tenn., for Laventhol & Horwath.

MEMORANDUM

HIGGINS, District Judge.

This is a class action for fraud in the sale of securities. Plaintiffs are purchasers of interests in a resort condominium development in Destin, Florida. They filed their original complaint in the Northern District of Alabama on October 31, 1986. Pursuant to an order of the Honorable Seybourn Lynne, Senior Judge for the Northern District of Alabama, the case was transferred to this Court on January 26, 1987.

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