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ESSEX SYSTEMS COMPANY v. STEINBERG

No. 70-Civ. 4595.

335 F.Supp. 298 (1971)

ESSEX SYSTEMS COMPANY, Inc., Plaintiff, v. Abraham STEINBERG et al., Defendants.

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

December 16, 1971.

Attorney(s) appearing for the Case

Julien, Glaser, Blitz & Schlesinger, New York City, for plaintiff by Alfred S. Julien, New York City, of counsel.

Murray Gordon, New York City, for defendant Harte.

Nemeroff, Jelline, Danzig, Paley & Kaufman, New York City, for defendant Blue Ribbon & Reichman by Mitchell Jelline, New York City, of counsel.

MEMORANDUM

CROAKE, District Judge.

By this action plaintiffs seek recission and damages for certain alleged violations of the Securities Exchange Act of 1934 (The 1934 Act), §§ 10(b) and 29(b), 15 U.S.C. 78(j) (b), 78(cc)(b); and Rule 10B5 of the Securities and Exchange Commission, promulgated thereunder, 17 C.F.R. 240-10b-5. They also seek, under an asserted pendent jurisdiction, similar equitable and legal relief from the same alleged acts, characterized...

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