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IN RE GAS RECLAMATION, INC. SECURITIES LITIGATION

MDL No. 665 (LBS). No. M-21-41.

733 F.Supp. 713 (1990)

In re GAS RECLAMATION, INC. SECURITIES LITIGATION.

United States District Court, S.D. New York.

March 27, 1990.

Attorney(s) appearing for the Case

Sylvor, Schneer, Gold & Morelli (Richard L. Gold, Iris S. Richman, of counsel), New York City, for Abish Investors, Bard Investors, Herbert W. Katz and Manuel L. Katz.

Page & Addison (Douglas M. Robison, of counsel), Geary, Stahl & Spencer (John T. Palter, of counsel), Dallas, Tex., for Breese Investors.

Weil, Gotshal & Manges (Dennis J. Block, H. Adam Prussin, Andrea J. Roth, Mark G. Krum, Robert W. Rodriguez, Timothy Parlin, Belinda Munday, of counsel), New York City, for Northwestern Nat. Ins. Co. of Milwaukee, Wis.

OPINION

SAND, District Judge.

In this multidistrict case consolidated before this Court for pretrial matters, investors in Gas Reclamation, Inc. ("GRI") bring suit for violations of federal securities laws, the Racketeer Influenced and Corrupt Organizations Act ("RICO") and various state statutory and common laws. We consider now the motion for summary judgment brought by Northwestern National Insurance Company...

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