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RICE v. BARON

No. 77 Civ. 1890(RLC).

456 F.Supp. 1361 (1978)

Henry Hart RICE, Abram Barkan and James Felt & Company, Inc., Plaintiffs, v. Irwin BARON, Defendant, v. HARROW PROPERTY CORPORATION and James Felt Realty Services, Inc., Additional Defendants on Counterclaims.

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

September 6, 1978.

Attorney(s) appearing for the Case

Bachner, Tally & Mantell, New York City, for plaintiffs and counterclaim defendants; Martin D. Polevoy and Sol V. Slotnik, New York City, of counsel.

Corbin & Gordon, New York City, for defendant Irwin Baron; Sol Neil Corbin, Stephen B. Silverman and Steven A. Schatten, New York City, of counsel.

ROBERT L. CARTER, District Judge.

OPINION

Plaintiffs, Henry Hart Rice, Abram Barkan and James Felt & Co. ("Felt") commenced this action against the defendant, Irwin Baron, alleging that Baron had violated certain provisions of the federal securities laws1 and had committed common law fraud in connection with his sale of Felt shares to the plaintiffs in 1971. In his answer, Baron denied the material allegations of the complaint...

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