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ZUCKER v. SABLE

No. 74 Civ. 1086 (HFW).

426 F.Supp. 658 (1976)

Leo ZUCKER, on his own behalf and on behalf of other members of the class similarly situated, Plaintiff, v. Bernard SABLE et al., Defendants.

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

On Motion for Reargument and Leave to Amend October 9, 1976.

Attorney(s) appearing for the Case

Cahn & Levinson, New York City, for plaintiff; by Herman Cahn, New York City, of counsel.

Gordon, Hurwitz, Butowsky, Baker, Weitzen & Shalov, New York City, for defendants; by Franklin B. Velie, Theodore Altman, New York City, of counsel.

OPINION

WERKER, District Judge.

Plaintiff suing for himself and on behalf of others similarly situated seeks to recover damages for alleged misstatements and omissions by the defendants in a press release that dealt with the development of soft contact lenses. This court has jurisdiction of the action pursuant to 28 U.S.C. § 1331 and Section 27 of the Securities Exchange Act of 1934. The defendants have moved to dismiss the amended complaint and for...

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