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RICH v. TOUCHE ROSS & CO.

No. 74 Civ. 772-CLB.

415 F.Supp. 95 (1976)

Norman RICH et al., Plaintiffs, v. TOUCHE ROSS & CO., Defendant.

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

April 15, 1976.

Attorney(s) appearing for the Case

Julien & Schlesinger, by Alfred S. Julien, Stuart A. Schlesinger, David Jaroslawicz, New York City, for plaintiffs.

Rosenman, Colin, Kaye Petschek Freund & Emil, by Arnold I. Roth, Arthur Linker, New York City, for defendant.

MEMORANDUM AND ORDER

BRIEANT, District Judge.

Plaintiffs' second amended complaint, filed June 11, 1975, premises this Court's subject matter jurisdiction upon § 27 of the Securities Exchange Act of 1934 ["the 1934 Act"], 15 U.S.C. § 78aa, and principles of pendent jurisdiction. This complaint pleads two claims of fraud based upon §§ 10(b) and 18 of the 1934 Act, 15 U.S.C. §§ 78j(b) and 78r, and related rules of the Securities...

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