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MATTER OF VMS LTD. PARTNERSHIP SECURITIES LIT.

No. 90 C 2412.

803 F.Supp. 179 (1992)

In the Matter of VMS LIMITED PARTNERSHIP SECURITIES LITIGATION, Consolidated Pretrial Proceeding.

United States District Court, N.D. Illinois, E.D.

September 23, 1992.

Attorney(s) appearing for the Case

Ronald A. Schy, Beigel & Sandler, Ltd., Chicago, Ill. and George Croner, Kohn, Klein, Nast & Graf, Philadelphia, Pa., for plaintiffs.

Jerold S. Solovy, Keith F. Bode, Marguerite M. Tompkins, and C. John Koch, Jenner & Block, Chicago, Ill., for Cigna.

Martha A. Mills and David S. Fleming, Schaefer, Rosenwein & Fleming, Chicago, Ill., for Marshall & Stevens, Inc.

Norman J. Barry, Alan S. Madans and Christopher G. Walsh, Jr., Rothschild Barry & Myers, Chicago, Ill., for Joseph J. Blake & Associates.

Lawrence A. Wojcik, Scott R. Lassar and John S. Vishneski, Keck, Mahin & Cate, Chicago, Ill., for Pannell Kerr Forster.

MEMORANDUM OPINION AND ORDER

ZAGEL, District Judge.

Plaintiffs are a group of disappointed investors who purchased real estate limited partnership interests in 1983. The partnerships were formed to acquire, own, operate, and eventually sell numerous hotels, office buildings and apartment complexes throughout the country. After their investments soured plaintiffs commenced this action for damages. Plaintiffs allege...

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