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SULTAN v. BESSEMER-BIRMINGHAM MOTEL ASSOCIATES

No. 70 Civ. 3217.

322 F.Supp. 86 (1970)

Yetta Shapiro SULTAN, Individually and on behalf of all other Purchasers of Limited Partnership Securities Units in Bessemer-Birmingham Motel Associates, similarly situated, Plaintiff, v. BESSEMER-BIRMINGHAM MOTEL ASSOCIATES et al., Defendants.

United States District Court, S. D. New York.

December 8, 1970.

Attorney(s) appearing for the Case

Ira Jay Sands, New York City, for plaintiff; Samuel H. Golden, New York City, of counsel.

Lans, Feinberg & Cohen, New York City, for defendants Samuel Nadelson and O. Taft Nelson; Asher B. Lans, Robert S. Cohen, New York City, of counsel.

MEMORANDUM OPINION

LASKER, District Judge.

In this suit alleging violations of the securities laws of the United States and the New York law, plaintiff moves (1) for a preliminary injunction against the sale of a motel belonging to defendant Bessemer-Birmingham Motel Associates ("Bessemer") or for alternative injunctive relief, and (2) to designate the case a class action under Rule 23(a) of the Federal Rules of Civil Procedure. Defendants Nadelson and Nelson...

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