IN RE: Atlantic Financial Management, Inc., Securities Litigation

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- Case MDL No. 584 Document2 Filed 06/01/15 Page 1 of2
SEER Baki
Fo TR TICT LUBA
® FILED| JUL 16 1984
PATRICIA D. 1i0h	n3
‘ DOCKET NO. 584 CLERK OF TE Path
BEFORE THE JUDICIAL PANEL ON MULTIDISTRICT LITIGATION
IN RE ATLANTIC FINANCIAL MANAGEMENT, INC. SECURITIES LITIGATION
TRANSFER ORDER
This 1iitigation presently consists of nineteen actions: one
action in the District of Connecticut and eighteen actions in the
District of Massachusetts. Now before the Panel 1s a motion by a
defendant in the Connecticut action and In thirteen Massachusetts
actions to transfer, pursuant to 28 U.S.C. §1407, the Connecticut
action to the District of Massachusetts for coordinated or consoli-
dated pretrial proceedings with the actions pending there. The
Connecticut plaintiffs and one Connecticut defendant oppose transfer.
On the basis of the papers flied and the hearing held, the Panel
finds that the actions in this iitigation involve common questions of
fact and that centralization under Section 1407 in the District of
; Massachusetts will best serve the convenience of the parties and wit-nesses and promote the just and efficient conduct of the litigation.
o All actions arise out of the purchase of shares of AZL Resources, Inc.	on the advice of an investment firm, Atlantic Financial Management,
g Inc., through various broker-deaiers in Connecticut and Massachusetts.Transfer under Section 1407 1s necessary in order to avoid duplicative
discovery, prevent inconsistent pretrial rulings, and conserve the
: resources of the parties, thelr counsel and the Jjudiclary.
We conclude that the District of Massachusetts is the appropriate
transferee forum for this litigation. We note that eighteen of the
nineteen actions are pending there, that most of the defendants reside
or have offices in Massachusetts, and that many witnesses and docu-
ments are likely to be found there.
IT IS THEREFORE ORDERED that, pursuant to 28 U.S.C. §1407, the
action listed on the attached Schedule A and pending in the District
of Connecticut be, and the same hereby is, transferred to the District
of Massachusetts and, with the consent of that court, assigned to the
Honorable Waiter Jay Skinner for coordinated or consolidated pretrial
proceedings with the actions pending in that district and listed on
Schedule A.
FOR THE PANEL:
Li
J	—
® Andrew A. Caffrey	Chairman

Ca Case MDL No. 584 &egfifenk	2a Filed 06/01/15 Page	2 of 2
MDL-584 -- In re Atlantic Financial Management, Inc. Securities o	itigation
District of Connecticut	—-o CL Olbonnecticut
Naugatuck Valley Radiological Associates, P.C.,	et al. v. Robertilanni, et al., C.A. No. N=83-
District of Massachusetts	=e sort OLTlassachusetlls
Margaret Hall Foundation, Inc., et al. v. Atlantic Financial
Management, Inc., et al., C.A. No. 82-2534-T ;
Ruth Mann Horowitz, et al. v. Atlantic Financial Management,Inc., et al., CJA. No. 83=-2745-T
- Robert Half of Boston, Inc. Profit Sharing Plan & Trust, et al.
Vv. Atlantic Financial Management, Inc., et al., C.A. No.2-2962-T
Star Textile & Research, Inc. Pension Plan for Salaried
Employees, et al. v. Atlantic Financial Management, Inc., et
al., C.A. No. 82-3330-T )
George M. Berman v. Atlantic Financial Management, Inc., et al.,
C.A. No. 82-0320-T ]The Unitrode Profit Sharing Plan & Profit Sharing Trust Fund v.
Atlantic Financial Management, Inc., et al., C.A. No.) - 1-
Charles Rosen, et al. v. Atlantic Financial Management, Inc., N
al., C.&. No. §3-0360-T _Regls College v. Atlantic Financial Management, Inc., et al’,. . Oe. = -
Mark J. Waltch v. Atlantic Financial Management, Inc., et al~,
Donna D. Berman v. Atlantic Financial Management, Inc., et al’,
C.A. No. 83-1984=0G ~Suzanne E. Scribner v. Atlantic Financial Management, Inc., et
al., . . QO. - - i
Harriet Z. Klebanoff v. Atlantic Financial Management, Inc., et
al., C.A. No. 83-2215-T TT
Michael Holt Massey v. Atlantic Financial Management, Inc., etal., CA. O. = =
Thomas C. Bartee v. Atlantic Financial Management, Inc., et al.,. . Oe. = -
Bruno Rossi v. Maurice Strong, et al., C.A. No. 83-4031-8
Benjamin Slomoff v. Maurice Strong, et al., C.A. No. 83-4032
Gerald Holton, et al. v. Maurice Stron et al., C.A. No.	Sent,	OF a... V. Maurice Strong, et al.
83-4033-T
James P. Giblin, et al. v. Maurice Stron et al., C.A. No.	==—==_c. a0 1l, et a’. V. Maurice Strong, et al.
83-4181~-T