KLITZMAN v. BACHE HALSEY STUART SHIELDS, INC.

No. 79 Civ. 6249 (KTD).

499 F.Supp. 255 (1980)

Charles B. KLITZMAN and Abraham R. Klitzman, Plaintiffs, v. BACHE HALSEY STUART SHIELDS, INC., Defendant.

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

September 5, 1980.


Attorney(s) appearing for the Case

Baskin & Sears, New York City, for plaintiffs; Lawrence A. Mandelker, New York City, of counsel.

Ullman, Miller & Wrubel, P.C., New York City, for defendant; Joel M. Miller, David F. Wrubel, New York City, of counsel.


OPINION

KEVIN THOMAS DUFFY, District Judge:

Plaintiffs Charles and Abraham Klitzman commenced this action against defendant, Bache Halsey Stuart Shields, Inc. [hereinafter referred to as "Bache"] for: (1) violation of Section 10(b) of the Securities Exchange Act of 1934 [hereinafter referred to as "1934 Act"], 15 U.S.C. § 78j(b); and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5 (1975); (2) violation of Art. III, Sections 1, 2 and 18...

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