HERSHEY v. MNC FINANCIAL, INC.

Civ. Nos. JFM-90-3151, JFM-91-684 and JFM-91-1208.

774 F.Supp. 367 (1991)

William R. HERSHEY v. MNC FINANCIAL, INC., et al. Marshall WOLF v. MNC FINANCIAL, INC., et al. Alfred ASCH and David Asch v. MNC FINANCIAL, INC., et al.

United States District Court, D. Maryland.

August 19, 1991.


Attorney(s) appearing for the Case

Steven J. Toll, Cohen, Milstein, Hausfeld & Toll, Washington, D.C., Edward Houff, Church and Houff, Baltimore, Md., for William Hershey, et al.

Robert Kershaw, Quinn, Ward & Kershaw, Baltimore, Md., for Marshall Wolf.

Richard Radcliffe, Jr., Baltimore, Md., Richard Greenfield, Greenfield and Ceimicles, Haverford, Pa., for Alfred Asch, et al.

William Utermohlen, Alexander E. Bennett, Arnold and Porter, Washington, D.C., Benjamin Civilletti, Venable, Baetjer & Howard, Baltimore, Md., for MNC Financial, Inc., et al.


MEMORANDUM

MOTZ, District Judge.

In Gollomp v. MNC Financial, Inc., 756 F.Supp. 228 (D.Md.1991), I dismissed three consolidated actions brought by five shareholders of MNC Financial, Inc. ("MNC") against MNC and its former chairman and chief executive officer, Alan P. Hoblitzell, Jr. Plaintiffs in those actions sought to assert (on behalf of all persons who purchased MNC stock between January 17, 1989 and July...

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