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SCARFAROTTI v. BACHE & CO., INC.

No. 75 Civ. 1930.

438 F.Supp. 199 (1977)

Angelo SCARFAROTTI and Joseph Scarfarotti, Plaintiffs, v. BACHE & CO., INC., Defendant.

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

September 15, 1977.

Attorney(s) appearing for the Case

Halperin, Shivitz, Scholer, Schneider & Eisenberg, New York City, for plaintiffs; Peter A. Eisenberg, Jeremy D. Morley, New York City, of counsel.

Sullivan & Cromwell, New York City, for defendant; Richard J. Urowsky, D. Stuart Meiklejohn, New York City, of counsel.

IRVING BEN COOPER, District Judge.

This is an action under the federal securities laws to recover damages arising out of plaintiffs' purchases of Montgomery County Industrial Development Agency First Mortgage Industrial Development Revenue Bonds ("Bonds") from defendant Bache Halsey Stuart Inc. ("Bache") in March 1972. Plaintiffs assert four causes of action in their complaint: In Counts I and III, they claim that Bache...

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