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MAJESKI v. BALCOR ENTERTAINMENT CO., LTD.

Civ. A. Nos. 88-C-1079, 89-C-1315.

893 F.Supp. 1397 (1994)

Ralph MAJESKI, Joseph Yach, Janice Waisman, Larry R. Peterson, Thomas Weil, Lee Aldridge, Randy Karpinsky, Kenneth Kulas, Robb S. Elliott, and Raymond Harding, Plaintiffs, v. BALCOR ENTERTAINMENT COMPANY, LTD., an Illinois corporation; Shearson Lehman Hutton, Inc., f/k/a Shearson Lehman Brothers, Inc., and f/k/a Shearson Lehman/American Express, Inc., a Delaware corporation; The Balcor Company, an Illinois corporation; Balcor/American Express Inc., an Illinois corporation; Balcor Securities Company, an Illinois corporation; The American Express Company, a New York corporation; New World Pictures, Ltd., a California corporation, and Balcor Film Investors, an Illinois Limited Partnership, Defendants. Robert ECKSTEIN and Sylvia Eckstein, on behalf of themselves and all others similarly situated, Plaintiffs, v. BALCOR FILM INVESTORS, Balcor Entertainment Company, The Balcor Company, The Balcor Securities Company, Jerry M. Reinsdorf, Robert A. Judelson, James E. Finley, Gregory S. Junkin, Barry R. Jackson, Joseph A. Kruszynski, New World Entertainment, Ltd., Lawrence L. Kuppin, Robert Rehme, and Harry E. Sloan, Defendants.

United States District Court, E.D. Wisconsin.

August 31, 1994.

Attorney(s) appearing for the Case

Michael S. Glassman, Clemens, Glassman & Clemens, Los Angeles, CA, Robin F. Zwerling, Zwerling, Schachter & Zwerling, New York City, Jules Brody, Stull, Stull & Brody, New York City, for Robert and Sylvia Eckstein.

Steven L. Bashwiner, Mary Ellen Hennessy, Katten Muchin & Zavis, Chicago, IL, Ross Anderson, Frisch Dudek Ltd., Milwaukee, WI, Robert J. Walner, Gen. Counsel, The Balcor Co., Skokie, IL, for Balcor.

Cassandra S. Franklin, Hufstedler, Kaus & Ettinger, Los Angeles, CA, for New World Pictures, Ltd.

W. Stuart Parsons, Quarles & Brady, Milwaukee, WI, for Lawrence L. Kuppin, Robert Rehme, Harry E. Sloan.

George P. Kersten, Kersten & McKinnon, Milwaukee, WI, Jerry H. Friedland, Galanis & Friedland, S.C., Milwaukee, WI, for Ralph Majeski.

H. Nicholas Berberian, Neal Gerber & Eisenberg, Chicago, IL, Terry E. Mitchell, Mitchell, Baxter & Zieger, S.C., Milwaukee, WI, for American Exp. and Shearson Lehman.

DECISION AND ORDER GRANTING DEFENDANTS' MOTIONS FOR SUMMARY JUDGMENT

REYNOLDS, District Judge.

The two above-captioned securities class actions return to this court on remand from the Seventh Circuit for disposition of renewed summary judgment motions by the defendants against the respective plaintiff classes in both actions ("the Majeski Action" and "the Eckstein Action"). On March 11, 1992, this court dismissed both cases for having been brought outside...

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