In re Longhorn Securities Litigation

Decision Date28 September 1983
Docket NumberMDL Docket No. 525.
Citation573 F. Supp. 255
PartiesIn re LONGHORN SECURITIES LITIGATION.
CourtU.S. District Court — Western District of Oklahoma

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Raymond N. Erlach, Hunt, Gram & Epstein, San Francisco, Cal., for Edward G. Hirn, Jack Mabray, etc., Penn Square Nat. Bank, et al., Frank Thomas, et al., Robert R. Agnew, et al., Frank C. Lenahan, et al., Robert R. Agnew, et al., Norman Hinman, et al.

Bart A. Boren, Bodnar, Williams & Boren, Oklahoma City, Okl., for American Bank and Trust, Edmond, Okl.

James E. O'Halloran, Jr., O'Halloran, Lively & Walker, Northbrook, Ill., H. Thomas Coghill, Coghill & Goodspeed, Denver, Colo., for D & G Enterprises, et al.

Murray E. Abowitz, Abowitz & Welch, Oklahoma City, Okl., for Longhorn Oil & Gas Co., et al., Longhorn Developmental Program, Ltd. et al., Longhorn Gas Programs Inc., et al., and Longhorn Specified Property Drilling Programs, Ltd., et al.

John A. McCaleb, Fenton, Fenton, Smith, Reneau & Moon, Oklahoma City, Okl., for Neal A. McCaleb.

Jay R. Bond, Oklahoma City, Okl., for Jack Coleman, et al.

Richard D. Hampton, Oklahoma City, Okl., for F. Joseph Scharon.

O. Christopher Meyers, Lawton, Okl., for William W. Cook, et al., Charles R. Gibbs et al.

David A. Cheek, McKinney, Stringer & Webster, Oklahoma City, Okl., for Citizen's Nat. Bank & Trust Co.

Eddie Y. Newcombe, Lawton, Okl., Security Bank and Trust Co. of Lawton.

William S. Dixon, Robert M. St. John, Rodey, Dickason, Sloan, Akin & Robb, P.A., Albuquerque, N.M., for Carl Brown and 1st Nat. Bank in Albuquerque.

John M. Eaves, Eaves & Darling, Albuquerque, N.M., for Conley G. Defferding, et al.

Kenneth A. Hunt, Query, Fairfield, Reecer, Strotz & Stribling, Albuquerque, N.M., for Jack Kennedy, et al.

John M. Law, Denver, Colo., for Fred B. Groves, et al.

Michael J. Peterson, Bosworth & Slivka, P.C., Denver, Colo., for JMJ Partnership, et al., 4-Square Investment Club, etc., et al., John R.P. Wheeler.

John W. Suthers, Timothy V. Dix, Sparks, Dix & Enoch, Norman A. Palermo, Phillip A. Vaglica, Quigley & Palermo, Bernard L. Trott, Terry D. Hendricks, Hendricks & Hendricks, Robert Dunlap, Gerald Tolley, Colorado Springs, Colo., for Inland Foods, Inc. et al., Roy Jackson, et al., Ronald M. Semevold, Randolph G. Lundeen, Ray L. Wilson, Lyle L. Guslander, James C. Wo, et al.

Peter J. Mitoff, Southfield, Mich., for Ralph Sophiea.

David J. Hutchinson, Hooper, Hathaway, Price, Beuche & Wallace, Ann Arbor, Mich., for MOG Investors, et al.

Edmond F. Devine, Ann Arbor, Mich., for Nat. Bank and Trust Co. of Ann Arbor, et al.

Stanley R. Kirk, Detroit, Mich., for Doylan B. Forney.

Ross R. Kinney, Quarles & Brady, Milwaukee, Wis., for Benjamin J. Free, etc., Mary Jane K. Hanson, Gene and Martin Siegel.

Alan Marcuvitz, Peregrine, Marcuvitz & Peltin, Milwaukee, Wis., for Gene Klurfeld.

Jack J. Gimbel, Milwaukee, Wis., for Martin Siegel.

Michael B. Apfeld, Godfrey & Kahn, Milwaukee, Wis., for Matt Meyer.

Richard D. Burbidge, Stephen B. Mitchell, Burbidge, Mabey & Mitchell, Salt Lake City, Utah, for Alan F. Frank, et al., G. Myron Harrison, Dr. Robert Horne.

Stewart H. Foreman, Shartisis, Friese & Ginsburg, San Francisco, Cal., for Authur J. Shartsis, et al.

Thomas H. Dahlk, Fitzgerald, Brown, Leahy, Strom, Schorr & Barmettler, Omaha, Neb., for Richard C. Kekeise, et al., Edward E. Gatz, et al., David N. Kettleson, et al., Harold H. Brandt, et al.

Thomas F. Flaherty, Zweiback, Kasher, Flaherty & DeWitt, P.C., Omaha, Neb., for

Northwestern Nat. Bank, et al., First Westroads Bank, Inc., Bank of the Midlands.

Keith I. Frederick, Schmit, Ford, Mooney & Frederick, Omaha, Neb., for Southwest Bank of Omaha, et al., Security Nat. Bank of Omaha.

Dean F. Suing, Katskee & Henatsch, Omaha, Neb., for Omaha Nat. Bank.

Henry C. Phibbs, II, Jackson, Wy., G. Bland Hoke, Jr., et al.

R. Michael Mullikin, Jackson, Wyo., for First Wyoming Bank, et al.

John B. Rogers, Cheyenne, Wyo., for Pacific Investments, et al.

Dean Carlton, Dallas, Tex., for Laurella J. Milfeld.

Gerrit H. Wormhoudt, Thomas J. Lasater, Fleeson, Gooing, Coulson & Kitch, Wichita, Kan., for Kansas State Bank & Trust Co., et al.

Gerald F. Hempstead, Suelthaus, Drueger, Cunningham, Yates & Kaplan, St. Louis, Mo., for Laurence Avins, County Bank of St. Louis, et al.

John T. Murphy, Jr., St. Louis, Mo., for Climate Engineering Corp.

S. Michael Thomas, Hanlon, Nouss, Inkley & Coughlin, Clayton, Mo., for United Missouri Bank of St. Louis.

Dudley C. Dunlop, Clayton, Mo., for Arthur J. De Shetler.

Rodney W. Sippel, Husch, Eppenberger, Donohue, Elson & Cornfeld, St. Louis, Mo., for Mark Twain State Bank.

Ford, Marrin, Esposito & Witmeyer, New York City, for CGZ Partnership, etc., et al.

Sol V. Slotnik, New York City, for Arlene Roberts.

Coles & Griffin, Ltd., Chicago, Ill., for David C. Burnidge.

Ralph Elliott, Robert Plager, Plager, Hasting & Krug, Freeport, Ill., for 1st Nat. Bank of Freeport.

Alan M. Oshima, Carlsmith, Carlsmith, Wichman & Case, Honolulu, Hawaii, for Bank of Hawaii.

Wallace S. Fujiyama, Fujiyama, Duffy & Fujiyama, Honolulu, Hawaii, for First Hawaiian Bank.

David E. Wagenseller, Shirk, Reist & Posey, Lancaster, Pa., for Sidney Lieberman.

John K. Villa, Williams & Connolly, Washington, D.C., for Carl W. Swan.

Jeffrey L. Smith, Cohen, Brame & Smith, P.C., Denver, Colo., for Jay L. Anderson.

Roger L. Keithley, Krys, Boyle, Golz & Keithley, Denver, Colo., for Dennis C. Russell.

Charles C. Green, Turner, Turner, Green & Baun, Oklahoma City, Okl., for Bill P. Jennings.

John N. Hermes, Reid E. Robinson, Oklahoma City, Okl., John Michael Clear, Bryan, Cave, McPheeters & McRoberts, St. Louis, Mo., Nancy E. Friedmen, Sheinfeld, Maley & Kay, Houston, Tex., for Stifel, Nicolaus and Co., Inc., Robert M. Cochran, J.D. Allen.

Cheryl A. Crandall, John E. Bush, Denver, Colo., for Central Bank and Trust Co. d/b/a Central Bank of Denver.

Robert C. Fisk, Finlayson, McKie & Fisk, Omaha, Neb., for Bank of Millard.

Paul Scott Dye, Baird, Holm, McEachen Pedersen, Hamann & Strasheim, Omaha, Neb., for Douglas County Bank and Trust Co.

Joseph Polack, Polack & Woolley, P.C., Omaha, Neb., for U.S. Nat. Bank of Omaha/Center Bank.

Meyer H. Coren, Viren, Epstein, Leahy & Coren, Omaha, Neb., for First Westside Bank.

Clayton Byam, Omaha, Neb., for American Nat. Bank.

William J. Mueller, Sodoro, Daly & Sodoro, Omaha, Neb., for Ames Bank.

Joyce Dixon, Dixon, Dixon & Minahan, P.C., Omaha, Neb., for First Nat. Bank of Omaha.

Mary Beth Frankman, Nelson & Harding, Omaha, Neb., for Packers Nat. Bank In Omaha.

Michael Kirschner, Hastie & Kirschner, Oklahoma City, Okl., for Utica Nat. Bank & Trust Co.

Edward F. Pohren, Omaha, Neb., for Northside Bank.

Burck Bailey, Oklahoma City, Okl., for William Patterson.

Grey W. Satterfield, Kornfeld, Satterfield, McMillin, Harmon, Phillips & Upps, Oklahoma City, Okl., for Continental Drilling Co.

Randall A. Peterman, Elam, Burke, Evans, Boyd & Koontz, Boise, Idaho, for First Interstate Bank of Idaho, N.A.

Michael Ryan, Milwaukee, Wis., for First Bank of Milwaukee, N.A.

Charles A. Crocco, Jr., Lunney & Crocco, New York City, for Citibank, N.A.

Robert S. Baker, Michael L. Bardrick, Oklahoma City, Okl., Richard M. Franklin, Baker & McKenzie, Chicago, Ill., for Cyril H.C. Fung.

Tym J. Kerr, Crowley, Fuller & Manning, Chicago, Ill., for Timothy Brennan.

Gregory R. Piche, R. Tim McKenna, Spurgeon, Haney & Howbert, Colorado Springs, Colo., for Exchange Nat. Bank.

William Stratton, Lawton, Okl., for Sheridan Bank.

R. Keith Jennings, Lawton, Okl., for Ft. Sill Nat. Bank.

James E. Work, Shirk, Work, Robinson & Williams, Oklahoma City, Okl., for Nichols Hill Bank.

Roland Tague, Groves, Bleakley & Tague, Oklahoma City, Okl., for Fidelity Bank, N.A.

Lowell T. Cage, Leger, Hall, Hill, Glover & Gage, Houston, Tex., for TOS Industries, Inc. d/b/a Texas Oil Field Supply, Inc.

Kenneth Spears, Spears & Forbes, Oklahoma City, Okl., for First Penn Corp.

Robert G. Perrine, Talley & McIlroy, Norman, Okl., for Eldon L. Beller.

Harold M. Durall, Oklahoma City, Okl., for Frank L. Murphy.

James W. Bill Berry, Oklahoma City, Okl., David M. Becker, Wilmer, Cutler & Pickering, Washington, D.C., for Ronald H. Burks.

John Snodgrass, David T. Hedges, Jr., Vinson & Elkins, Houston, Tex., for Elizabeth Merrick Cole, Gary M. Cook, James G. Randolph, Jerry Richardson, W.A. "Dub" Ross, Gene Smelser.

Jack G. Bush, Bush, Klaus & Underwood, Oklahoma City, Okl., for C.F. "Tag" Kimberling.

George F. Short, Short, Barnes, Wiggins, Margo, Adler & Worten, Oklahoma City, Okl., for Marvin K. Margo.

John Goodman, Oklahoma City, Okl., for John Preston.

James A. Kirk, Kirk & Chaney, Oklahoma City, Okl., for Bill Stubbs.

Fred S. Nelson, Hall, Estill, Hardwick, Gable, Collingsworth & Nelson, Tulsa, Okl., for John E. Rooney.

Kirk D. Fredrickson, Day, Fredrickson, Merrick & Patton, Oklahoma City, Okl., for Inv. Search, Inc.

Clem W. Fairchild, Linde, Thomson, Fairchild, Langworthy, Kohn & Van Dyke, Kansas City, Mo., for Lawrence C. Zink, et al.

David A. Welte, Polsinelli, White, Schulte & Vardeman, Kansas City, Mo., for Traders Bank of Kansas City.

Duke W. Ponick, Jr., Kansas City, Mo., for Metropolitan Bank.

Dennis R. Rilinger, Watson, Ess, Marshall & Enggas, Kansas City, Mo., for City Bank & Tr. Co., United Missouri Bank, Overland Park Bank & Trust Co.

Ford R. Nelson, Jr., Dietrich, Davis, Dicus, Rowlands & Schmitt, Kansas City, Mo., for Blue Ridge Bank & Tr. Co.

Lewis A. Heaven, Jr., Bennett & Heaven, Shawnee, Kan., for Shawnee State Bank.

Benjamin F. Mann, Blackwell, Sanders, Matheny, Weary & Lombardi, Hal E. Morris, Kansas City, Mo., for Commerce Bank of Independence.

Laurel Bank of Raytown, Raytown, Mo., pro se.

Jack B. Robertson, Field, Gentry, Benjamin & Robertson, Kansas City, Mo., for Mercantile Bank & Trust Co.

James Douglas Pickett, Winnsboro, Tex., for Ben Jones.

Jerry Russell...

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