BRISKIN v. ERNST & ERNST

Nos. 73-1345-AAH, 73-1346-AAH.

398 F.Supp. 997 (1975)

Judith Wilder BRISKIN et al., Plaintiffs, v. ERNST & ERNST, a Co-Partnership, Defendants. Judith Wilder BRISKIN et al., as listed above in Case No. 73-1345-AAH, Plaintiffs, v. Newton GLEKEL et al., Defendants. Newton GLEKEL et al., Defendants and Third-Party Plaintiffs, v. AMERICAN HOME ASSURANCE COMPANY, Third-Party Defendant.

United States District Court, C. D. California.

July 3, 1975.


Attorney(s) appearing for the Case

Dryden, Harrington & Swartz by Jacob Swartz, Miles J. Rubin and James P. Collins, Jr., Los Angeles, Cal., for plaintiffs.

Paul, Hastings, Janofsky & Walker by Oliver F. Green, Jr., and Geoffrey L. Thomas, Los Angeles, Cal., Davis, Polk & Wardwell by Robert B. Fiske, Jr., and Rhea Kemble Neugarten, New York City, for defendant Ernst & Ernst.

Glaser & Gibbs, by Robert W. Gibbs, Los Angeles, Cal., and Willkie, Farr & Gallagher by Michael B. Targoff, New York City, for Newton Glekel.

Mark Williams, in pro per.

Wayne S. Dryden, P. C., Pasadena, Cal., and Lankenau Kovner & Bickford by John C. Lankenau and Nathaniel J. Bickford, New York City, for Charles F. McDevitt.

McCutchen, Black, Verleger & Shea by G. Richard Doty, Franklin H. Wilson, Peter W. James and Christopher J. Margolin, Los Angeles, Cal., and Cadwalader, Wickersham & Taft by John J. Walsh and Edwin David Robertson, New York City, for Emanuel Alberts.

Samuel Reisman, Los Angeles, Cal., for Jerry Finkelstein.

Arthur S. Ecker, Beverly Hills, Cal., and Eugene Frederick Roth, New York City, for Harold Ross.

Manatt, Phelps & Rothberg by Brian J. O'Neill, Los Angeles, Cal., and Olwine, Connelly, Chase, O'Donnell & Weyher by James E. Tolan, New York City, for John Taeni.

Shapiro, Robin, Cohen & Posell by Edward B. Robin, Los Angeles, Cal., and D. David Cohen, Great Neck, N. Y., for Theodore Schlissel.

Overton, Lyman & Prince by Roy M. Brisbois, Los Angeles, Cal., for American Home Assurance Co.


DECISION AND ORDER FOR JUDGMENT

HAUK, District Judge.

Plaintiffs allege in their Third Amended Complaint,1 Case No. CV 73-1346-AAH, and in their Second Amended Complaint, Case No. CV 73-1345-AAH, causes of action under the Securities Exchange Act of 1934 (SEA), 15 U.S.C. §§ 78a to 78hh, and Securities and Exchange Commission Rule 10b-5, 17 C.F.R. § 240.10b-5.2 Jurisdiction is predicated...

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