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EVANOWSKI v. BANKWORCESTER CORP.

Civ. A. No. 91-10162S.

788 F.Supp. 611 (1991)

Walter EVANOWSKI, Jr., Plaintiff, v. BANKWORCESTER CORPORATION and Harold Cabot, Defendants.

United States District Court, D. Massachusetts.

October 29, 1991.

Attorney(s) appearing for the Case

Glen DeValerio, Margaret G. Dobies, Melissa McKeithen Thomson, Berman, DeValerio & Pease, Boston, Mass., for plaintiff.

Nina Raginsky Mishkin, Peter Franz Neronha, Goodwin, Proctor & Hoar, Boston, Mass., for defendants.

MEMORANDUM AND ORDER ON DEFENDANTS' MOTION TO DISMISS

SKINNER, District Judge.

The plaintiff, a stockholder of the defendant corporation in this action, seeks damages under federal and state securities laws and state common law for misleading and fraudulent statements and omissions which led him to purchase his stock.

Background

On February 16, 1990 defendant BankWorcester Corporation ("BankWorcester" or the "Bank") announced an...

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