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SHORTY v. TOP RANK OF LOUISIANA, INC.

Civ. A. No. 94-3875.

876 F.Supp. 838 (1995)

Vernon SHORTY, et al. v. TOP RANK OF LOUISIANA, INC., et al.

United States District Court, E.D. Louisiana.

February 10, 1995.

Attorney(s) appearing for the Case

William Christian Gambel, Robert Timothy Lorio, Milling, Benson, et al., New Orleans, LA, for plaintiffs.

Donald Lynn Foret, Pendergast & Foret, New Orleans, LA, for defendants.

ORDER AND REASONS

MENTZ, District Judge.

This is a suit for declaratory relief and damages arising from the plaintiffs' investment in a proposal to purchase and relocate the Minnesota Timberwolves franchise in New Orleans, Louisiana. The plaintiffs seek relief based on Louisiana law and the federal Securities Exchange Act of 1934 and the Securities Act of 1933. All defendants, except The Louisiana Stadium and Exposition District (LSED), joined in removal...

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