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STERN v. GOBELOFF

Civ. No. 70-1446.

332 F.Supp. 909 (1971)

Ivan STERN and Abrael I. Fox, Plaintiffs, v. William GOBELOFF and Wilkins-Rose, Inc., Defendants.

United States District Court, D. Maryland.

October 7, 1971.

Attorney(s) appearing for the Case

Ronald M. Shapiro and Alan R. Sachs, Baltimore, Md., for plaintiffs.

Stephen H. Sachs and Alan I. Baron, Baltimore, Md., for defendants.

HERBERT F. MURRAY, District Judge.

MEMORANDUM AND ORDER

This is an action by Maryland plaintiffs against New York defendants under the Securities Act of 1933 and the Securities Exchange Act of 1934. Venue jurisdiction and jurisdiction of the person of defendants is invoked under Section 22(a) of the former Act and Section 27 of the latter Act (15 U.S.C. §§ 77v and 78aa). Service was made on defendants in New York under the built-in extra-territorial...

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