District Court, N.D. Illinois December 29, 1981, 77 C 1206, 77 C 1629, 77 C 2440, 77 C 2536, 77 C 2860, 77 C 3820, 77 C 4314, 78 C 388, 78 C 705, 78 C 843, 78 C 850, 78 C 896, 78 C 947, 78 C 994 and 78 C 2242 (Maryville Academy v. Loeb Rhoades & Co., Inc.)

MEMORANDUM OPINION AND ORDER

GETZENDANNER, District Judge.

This matter had its genesis in a precipitous drop in the price of several securities in the spring of 1977. In sixteen separate cases, which have been consolidated for discovery purposes, charges of securities fraud and a host of other claims have been brought against Loeb Rhoades & Co., Loeb Rhoades & Co., Inc.