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HIMEBAUGH v. SMITH

No. 77-2935-WMB.

476 F.Supp. 502 (1978)

Lyle B. HIMEBAUGH, Jr., Plaintiff, v. Len S. SMITH et al., Defendants. Bateman EICHLER, Hill Richards, Inc., a corporation, Third Party Plaintiff, v. J. STREICHER & CO., a partnership, Fagenson & Co., Inc., a corporation, Jerome Frankel & Co., a corporation, Campbell & Co., a partnership, M. Peter Yahr, an Individual, and Judson L. Streicher, an Individual, Third Party Defendants.

United States District Court, C. D. California.

October 6, 1978.

Attorney(s) appearing for the Case

Richard I. Fine, Los Angeles, Cal., Allan K. Peckel, Rabin & Silverman, New York City, for plaintiff.

J. Michael Brennan, Gibson, Dunn & Crutcher, Phillip L. Bosl, Los Angeles, Cal., for third party plaintiff.

Elihu M. Berle, Buchalter, Nemer, Fields & Chrystie, Los Angeles, Cal., for Len S. Smith.

William A. Norris and Alan E. Friedman, Tuttle & Taylor, Los Angeles, Cal., James Nespole, Joseph A. Clark, III, Reavis & McGrath, New York City, for third party defendants.

ORDER

WM. MATTHEW BYRNE, Jr., District Judge.

I. Introduction

This is a class action suit alleging violation of certain anti-fraud provisions of the federal securities laws. On May 4, 1978, the court granted the motion of defendant Bateman Eichler, Hill Richards, Inc. ("Bateman") for leave to file a Third Party Complaint against J. Streicher & Co. and others (jointly hereinafter referred to as the "Joint Account"). The Third Party Complaint...

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