In re Boise Cascade Securities Litigation
United States District Court for the District of Washington
420 F.Supp. 99 (1976)
Former shareholders in two companies (plaintiffs) acquired by Boise Cascade (Boise) brought five lawsuits against Boise, its officials, and its accountants (defendants) for securities violations. The cases were consolidated in the United States District Court for the District of Washington. The case presented highly complex questions regarding Boise’s financial practices. In the early stages of litigation, over 900,000 documents were produced. Trial is expected to last between four and six months. Boise moved to strike the plaintiffs demand for a jury trial. The issue before the district court is whether it may do so without violating the Seventh Amendment to the United States Constitution.
Rule of Law
Holding and Reasoning (Sharp, J.)