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ARPET, LTD. v. HOMANS

Civ. A. No. 74-658.

390 F.Supp. 908 (1975)

ARPET, LTD. v. Arthur J. HOMANS and Jack Berner.

United States District Court, W. D. Pennsylvania.

March 6, 1975.

Attorney(s) appearing for the Case

Charles Watkins, Pittsburgh, Pa., for plaintiff.

Dale Hershey, Paul Titus, Pittsburgh, Pa., for defendants.

MEMORANDUM AND ORDER DENYING DEFENDANTS' MOTIONS TO DISMISS

KNOX, District Judge.

Plaintiff Arpet, Ltd., a foreign corporation with its principal place of business at Grand Cayman, B.W.I., brought this securities fraud action against Universal Major Industries Corporation (Universal Major), a Nevada corporation, Kastle Oil & Gas Corporation (Kastle), a Pennsylvania corporation which is a wholly-owned subsidiary of Universal Major, and several individual...

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