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LERMAN v. TENNEY

No. 67 Civ. 4527.

295 F.Supp. 780 (1969)

Joseph LERMAN and Rose Lerman, as Joint Tenants, Plaintiffs, v. Jerry M. TENNEY, Tenney Corporation, Tenney Realty Corporation of New York, Tenney Securities Corporation, Philip Levine, Richard Witrofsky, Alexander M. Field, Hilda Janis and 40 Exchange Realty Company, Defendants.

United States District Court S. D. New York.

January 14, 1969.

Attorney(s) appearing for the Case

Ira Jay Sands, New York City, for plaintiffs.

Elson & Halperin, New York, City, for defendants.

MANSFIELD, District Judge.

In this purported class action on behalf of owners of partnership interests in 40 Exchange Place Company, a limited partnership, plaintiffs have moved for a preliminary injunction restraining its general partners from distributing the proceeds of sale of its asset, a 20-story office building located at 40 Exchange Place, Manhattan, until final adjudication of this action. The suit arises out of the defendants' issuance of a prospectus, upon...

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