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IN RE F & M DISTRIBUTORS, INC. SECURITIES LITIGATION

No. 95-CV-71778-DT.

937 F.Supp. 647 (1996)

In re F & M DISTRIBUTORS, INC. SECURITIES LITIGATION.

United States District Court, E.D. Michigan, Southern Division.

March 27, 1996.

Attorney(s) appearing for the Case

Elwood Simon, John Zuccarni, Elwood S. Simon & Associates, P.C., Birmingham, MI, Bruce E. Gerstein, Barry Taus, Noah J. Silverman, Garwin, Bronzaft, Gerstein & Fisher, L.L.P., New York City, Irving M. Stahl, Irwin M. Stahl, P.C., Southfield, MI, E. Powell Miller, Mantese, Miller & Mantese, P.L.L.C., Troy, MI, Robert I. Harwood, Wechsler Harwood Halebian & Feffer, LLP, New York City, Richard M. Goodman, Goodman, Lister & Peters, Detroit, MI, Lionel Z. Glancy, Santa Monica, CA, for Plaintiffs.

Leonard B. Shulman, Keywell & Rosenfeld, Troy, MI, E. Michael Bradley, Mark S. Mandel, William C. Rand, Jones, Day, Reavis & Poque, New York City, David Schiavone, Christopher Q. King, Sonnenschein Nath & Rosenthal, Chicago, IL, Jerold S. Solvy, J. Kevin McCall, Jacob I. Corre, Jenner & Block, Chicago, IL, Dennis K. Egan, Butzel Long, Detroit, MI, for defendants.

ORDER

JULIAN ABELE COOK, Jr., Chief Judge.

This is a lawsuit by Margaret Acree, who contends that she and other persons who have similar claims, sustained damages as the result of their purchase of securities from F & M Distributors, Inc. (F & M) in direct violation of existing federal laws.1

On November 22, 1995, the Defendants filed a motion to dismiss, in which they generally contend that Acree had failed...

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