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MALLIA v. PAINEWEBBER, INC.

Civ. A. No. G-95-183.

889 F.Supp. 277 (1995)

Paul MALLIA, James Bloch, Helen Boyd, James Carl, Nellie Carl, Emil Carroll, Jane Carroll, Margaret Cashman, Charles Clark, Colleen Clark, Frank Clary, Doris Foster, Harold Halsel, Bill Hamilton, Yvonne Hamilton, John Herrington, Dorothy Howard, W.D. Leonard, Ruby Leonard, Martha Ann Lockwood, Weldon Moak, William O'Brien, Sharon O'Brien, Terry Pearce, Pamela Pearce, Henry Pedigo, Alvin Penry, Virginia Penry, William Price, Marie Price, Scotty Roberts, Agnes Saucerman, Marshall Staley, and Blanche Staley v. PAINEWEBBER, INCORPORATED, PaineWebber Group, Incorporated, Pegasus Capital Corporation, Pegasus Aircraft Partners, L.P., Pegasus Aircraft Partners II, L.P., Pegasus Aircraft Management Corporation, PaineWebber Aircraft Leasing, Incorporated, and William Buchalter.

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

June 22, 1995.

Attorney(s) appearing for the Case

Jimmy Williamson, Houston, TX, for plaintiffs.

Janiece M. Longoria, Rosemarie Donnelly, Andrews & Kurth, Houston, TX, for defendants.

ORDER DENYING MOTION TO REMAND

KENT, District Judge.

This is a potential class action suit brought by a number of Plaintiff investors against various Defendants for fraud, violations of the Texas Deceptive Trade Practices Act, and violations of the Texas Securities Act and the Texas Business and Commerce Code for the sale of units in limited partnerships sold by Defendant PaineWebber Incorporated ("PaineWebber"). This suit was originally brought in...

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