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KRIENDLER v. CHEMICAL WASTE MANAGEMENT, INC.

No. 93-C-5694.

877 F.Supp. 1140 (1995)

H. Peter KRIENDLER and Kenneth L. Seposs, individually and on behalf of a class of persons similarly situated, Plaintiffs, v. CHEMICAL WASTE MANAGEMENT, INC., WMX Technologies, Inc., and Philip B. Rooney, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

January 31, 1995.

Attorney(s) appearing for the Case

Edwin J. Mills, Stull, Stull & Brody, New York City, David Pastor, Gilman and Pastor, Boston, MA, for H. Peter Kriendler.

Kenneth Hamilton Hanson, Law Office of Kenneth H. Hanson, Chicago, IL, Karen Morris, Morris & Morris, Wilmington, DE, for Kenneth L. Seposs.

Nicholas Joseph Etten, John William Rotunno, Peter G. Rush, Bell, Boyd & Lloyd, Chicago, IL, for Chemical Waste Management, Inc., WMX Technologies, Inc., and Philip B. Rooney.

MEMORANDUM OPINION AND ORDER

CASTILLO, District Judge.

This lawsuit involves a putative class action claiming securities fraud based on purported violations of Section 10(b) and Section 20(a) of the Securities and Exchange Act of 1934, 15 U.S.C. §§ 78j(b) and 78t, and Securities and Exchange Commission Rule 10(b)(5). Plaintiffs assert a fraud-on-the-market theory. No answer has been filed and no counterclaims are pending. Defendants have...

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