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PINNEY v. EDWARD D. JONES & CO.

Civ. No. 89-5004.

735 F.Supp. 915 (1990)

Lloyd PINNEY, and James Crawley, Plaintiffs, v. EDWARD D. JONES & CO., et al., Defendants.

United States District Court, W.D. Arkansas, Fayetteville Division.

March 16, 1990.

Attorney(s) appearing for the Case

Kenneth R. Shemin, Jerry C. Jones and B. Michael Bennett, Rose Law Firm, Little Rock, Ark., Sidney P. Davis, Jr. and William Jackson Butt, III, Davis, Cox & Wright, Fayetteville, Ark., Thomas A. Mars, Stanley, Harrington & Mars, Springdale, Ark., and Scott L. Starr, Walker, Starr, Austen & Tribbett, Logansport, Ind., for plaintiffs.

Kimberly Jade Norwood, Michael F. Coles, John Michael Clear and Leonardo J. Asaro, Bryan, Cave, McPheeters & McRobert, St. Louis, Mo., Thomas B. Burke and John R. Eldridge, III, Burke & Eldridge, Fayetteville, Ark., and Steve Shults, Shults, Ray & Kurrus, Little Rock, Ark., for defendants.

MEMORANDUM OPINION

H. FRANKLIN WATERS, Chief Judge.

This case is presently before the court on defendants' motion to sever certain class members from the class pursuant to Rule 23(c)(1). Fed.R.Civ.P. 23(c)(1). This is a class action under § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), together with Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5. The named plaintiffs...

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