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SAVE ON SURPLUS PENSION PLAN v. UNITED SAVER'S BANCORP, INC.

Civ. No. 89-543-D.

760 F.Supp. 971 (1990)

SAVE ON SURPLUS PENSION PLAN v. UNITED SAVER'S BANCORP, INC.; Daniel G. Edgar; Elliot Bendrihem; Raymond E. Closson.

United States District Court, D. New Hampshire.

September 24, 1990.

Attorney(s) appearing for the Case

Hinkley & Hahn, P.A. by Lucy J. Karl, Manchester, N.H., Stull, Stull & Brody by James Brody and Mark Levine, pro hac vice, and Law Offices of Joseph H. Weiss by Joseph H. Weiss, New York City, for plaintiff.

Wiggin & Nourie by Arnold Rosenblatt, Manchester, N.H., Goodwin, Procter & Hoar by Brackett B. Denniston, III, John C. Englander and E. Michael Thomas, Boston, Mass., Sheehan, Phinney, Bass by Peter S. Cowan, Manchester, N.H., Sulloway, Hollis & Soden by Irvin D. Gordon, Concord, N.H., Widett, Slater & Goldman, P.C. by James S. Dittmar and Gordon P. Katz, Boston, Mass., for defendants.

ORDER

DEVINE, Chief Judge.

Plaintiff Save On Surplus Pension Plan, an owner of common stock in United Saver's Bancorp ("United"), pursues a class action against United and three of its officers to recover damages incurred as a result of statements in corporate reports and letters which plaintiff contends misrepresented the corporation's financial condition. Now before the Court are defendants' motion to dismiss, defendants' motion for substitution, and plaintiffs...

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