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ROCHEZ BROS. INC. v. RHOADES

Civ. A. No. 68-1048.

390 F.Supp. 470 (1974)

ROCHEZ BROS. INC., a Pennsylvania Corporation, Plaintiff, v. Charles R. RHOADES et al., Defendants.

United States District Court, W. D. Pennsylvania.

September 25, 1974.

Attorney(s) appearing for the Case

Ralph H. German, Pittsburgh, Pa., for plaintiff.

W. Gregory Kerr, Jr., Edmund S. Ruffin, III, Pittsburgh, Pa., for defendants.

OPINION

DUMBAULD, District Judge.

The facts in this case are fully set forth in our former opinion, Rochez Bros. Inc. v. Rhoades, 353 F.Supp. 795 (W.D.Pa.1973). It is sufficient here to say that we held that a violation of Rule 10b-5 of the Securities and Exchange Commission by defendant occurred by reason of his failure to disclose to plaintiff information reasonably affecting the value of the stock purchased

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