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Show Class-action suit may be filed by attorneys Field Research Corporation of San Francisco has been engaged to study the possibility of conducting a survey of depositors to determine if a class-action lawsuit should be filed on behalf of Utah's five failed thrift and loan companies. Malcolm Misuraca, a California attorney representing the depositors, deposi-tors, told Third District Court Judge David S. Young last week that the firm has been engaged but that the possibility of an opinion survey of the depositors is still being studied. He explained that the survey may be needed to determine if depositors de-positors signing as plaintiffs will support a class-action lawsuit. Included In-cluded in the lawsuit would be approximately 17,000 depositors of Heritage, Charter, Copper State, Commerce Financial and In-terlake In-terlake Loan and Thrift companies all of whom had depositors who lost money or were otherwise affected by the mid-1986 closure of the savings and loan firms. Mr. Misuraca said four of the five failed thrifts are being liquidated li-quidated by the Industrial Loan Guaranty Corp., which was organized orga-nized under mandate of the Utah Legislature to provide deposit insurance in-surance for the state's thrift industry. in-dustry. The fifth firm, Commerce Financial, Finan-cial, is being liquidated under the direction of Larry H. Miller, a Murray automobile dealer. |
