each in Arizona, Kansas, Michigan and West Virginia.
An important phase of the case will obviously deal with the transactions relating to Four Seasons' public financings and its other dealings with its investment bankers, Walston & Co. But it appears clear that the relevant events in this regard were centered in Oklahoma City and Chicago. As already stated, it was the Chicago office of Walston & Co. which handled the Four Seasons matter. Walston's attorneys with respect to the Four Seasons' financings were a Chicago law firm. Four Seasons retained counsel both in Oklahoma City and in Chicago with respect to financing matters.
The Government points to the fact that the stock of Four Seasons was listed on the American Stock Exchange in New York. In Count 1 of theindictment the Government lists 13 alleged overt acts occurring in the Southern District of New York. These apparently relate to meetings about the American Stock Exchange listings; speeches to investor groups in New York City; and directions for the sale of Four Seasons stock belonging to certain of the defendants. It is interesting to note that no overt acts in New York are alleged as to the accountant defendantsWahrman, Bolka and Madole.
I have no doubt that during the history of Four Seasons certain activities were carried out in New York by the Four Seasons defendants and the Walston defendants. This is almost inevitable, considering the financial importance of New York City and the existence of the American Stock Exchange here. But it seems clear that the great majority