District Court, D. Delaware March 29, 2001, No. MDL 1304; No. Civ.A. 99-858-RRM (Graham v. Taylor Capital Group, Inc.)

OPINION

McKELVIE, District Judge.

This is a securities class action. The dispute arises from the corporate restructuring and subsequent bankruptcy of the Cole Taylor Financial Group (“CTFG”) in 1997 and 1998.

In 1981, Irwin Cole and Sidney Taylor formed CTFG as a holding company for a group of commercial banking institutions.