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NEWMAN v. PERSHING & CO., INC.

No. 74 Civ. 4072 (WCC).

412 F.Supp. 463 (1975)

Gerald NEWMAN, Plaintiff, v. PERSHING & CO., INC. and L. M. Rosenthal & Co., Inc., Defendants.

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

April 4, 1975.

Attorney(s) appearing for the Case

Rogers & Wells, New York City, for plaintiff; Roberta S. Karmel, New York City, of counsel.

Abraham L. Bienstock, New York City, for defendants.

MEMORANDUM AND ORDER

CONNER, District Judge:

This is an action for a declaratory judgment that plaintiff, Gerald Newman, is not liable to defendants, Pershing & Co., Inc. (Pershing) and L. M. Rosenthal & Co., Inc. (Rosenthal), in any amount, under any circumstances, for his refusal to pay for 1,000 shares of the common stock of Electronic Arrays, Inc. (Arrays) which were allegedly purchased by plaintiff in October, 1973. Plaintiff additionally seeks...

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