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SCHULMAN v. WEIL

No. 77 Civ. 1902.

466 F.Supp. 432 (1979)

Edwin L. SCHULMAN, Plaintiff, v. Steve WEIL and Micro-Therapeutics, Inc., Defendants.

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

March 8, 1979.

Attorney(s) appearing for the Case

Louis Kipnis, New York City, for plaintiff.

Wofsey, Certilman, Haft & Lebow, New York City, for defendant Steve Weil; Evan Gordon, New York City, of counsel.

Bandler & Kass, New York City, for defendant Micro-Therapeutics, Inc.; William C. Sherr, New York City, of counsel.

OPINION

SWEET, District Judge.

Plaintiff Edwin L. Schulman ("Schulman") brought this action to recover money damages from defendants Steve Weil ("Weil") and Micro-Therapeutics, Inc. ("Micro") for damages allegedly sustained in connection with plaintiff's purchase of 3,500 shares of Micro stock in the late summer and early fall of 1972. According to Schulman, Weil made material misrepresentations and also failed to disclose materially adverse information...

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