Harvey A. BRAUN et al., Plaintiffs,
v.
NORTHERN OHIO BANK et al., Defendants.
United States District Court, N. D. Ohio, E. D.https://leagle.com/images/logo.png
February 17, 1977.
February 17, 1977.
Attorney(s) appearing for the Case
Harry C. Nester, David C. Weiner, Zachary T. Paris, Hahn, Loeser, Freedheim, Dean & Wellman, Cleveland, Ohio, for plaintiffs.
James A. Smith, James M. Porter, Squire, Sanders & Dempsey, Cleveland, Ohio, for Federal Deposit Ins. Corp.
Daniel W. Hammer, Thompson, Hine & Flory, Cleveland, Ohio, for Citizens Bank & Trust Co.
Sterling Newell, Jr., Spieth, Bell, McCurdy & Newell, Cleveland, Ohio, David R. Hyde, Ada Meloy, Cahill Gordon & Reindel, New York City, for Peat, Marwick, Mitchell & Co.
Robert B. Meany, Robert F. Longano, Leanza, Longano, Farina, Mendelsohn & Papandreas, Cleveland, Ohio, for Mario J. Boiardi.
Joseph C. Domiano, Cleveland, Ohio, for Louis A. Kastelic.
David N. Brown, Brown & Brown, Medina, Ohio, for John J. Marquis.
John A. Ritter, Coral Gables, Fla., for John H. Ritter.
James L. Oakar, Cleveland, Ohio, for Richard W. Palmer.
Robert A. Richardson, Terence J. Clark, Cleveland, Ohio, for Bernard L. Plechaty.
Robert S. Balantzow, Nadler, Sokolsky, Bahas & Balantzow, Cleveland, Ohio, for John P. Stewart, Sr.
Alan S. Belkin, Shapiro, Turoff & Gisser, Cleveland, Ohio, for Ronald B. Peltz and Richard W. Schulz.
Robert A. Goodman, Benesch, Friedlander, Coplan & Aronoff, Cleveland, Ohio, for Bruce B. Felder.
Bruce H. Salomon, Javitch & Greenwald, Cleveland, Ohio, for John F. Sytsma.
Sheldon Berns, Michael H. Diamant, Kahn, Kleinman, Yanowitz & Arnson, Cleveland, Ohio, for Walter A. Zaremba.
United States District Court, N. D. Ohio, E. D.
MEMORANDUM AND ORDER
WILLIAM K. THOMAS, District Judge.
In a multicount action plaintiffs claim damages under the federal securities laws, relying on section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5.1 Additional counts allege state law pendent claims. Federal jurisdiction is founded upon section 27 of the 1934 Act, 15 U.S.C. §...
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