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IN RE TERRA-DRILL PARTNERSHIPS SECURITIES LIT.

MDL Docket 791. Civ. A. No. H-86-3808.

733 F.Supp. 1127 (1990)

In re TERRA-DRILL PARTNERSHIPS SECURITIES LITIGATION. Alan WESTHEIMER, et al., Plaintiffs, v. Herman FINESOD, et al., Defendants.

United States District Court, S.D. Texas, Houston Division.

March 27, 1990.

Attorney(s) appearing for the Case

Susman Godfrey by William H. White, Richard Drubel and Karen Appel Oshman, Weiner, Strother & Blustein by R. Leonard Weiner, Houston, Tex., and Beigel & Sandler by Leigh R. Lasky, New York City, for plaintiffs.

Porter & Clements by Daniel K. Hedges, Richard O. Patterson and David L. Burgert, Houston, Tex., for defendant Laventhol & Horwath.

DECISION AND OPINION

MILTON POLLACK, Senior District Judge.*

This litigation has resulted in a recovery which when fully collected will provide a cash fund in court for the benefit of the class plaintiffs of $14,600,000. Additionally, the plaintiff class members will have been relieved of obligations on promissory notes in the face amount in excess of $150,000,000.

Counsel for the plaintiffs, three law firms, have applied...

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