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NAVIGATOR GROUP FUNDS v. SHEARSON HAYDEN STONE

No. 77 Civ. 5350 (VLB).

487 F.Supp. 416 (1980)

NAVIGATOR GROUP FUNDS, Eileen Kirkwood, Paul Singer, Maria Saumberger and Livingston H. Domas, Plaintiffs, v. SHEARSON HAYDEN STONE INC., Joseph Szoecs and Joel Margolies, Defendants.

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

March 20, 1980.

Attorney(s) appearing for the Case

John C. Klotz, New York City, for plaintiffs.

Willkie, Farr & Gallagher, New York City, for defendants.

MEMORANDUM ORDER

VINCENT L. BRODERICK, District Judge.

I.

The amended complaint in this action ("complaint") charges violations of the Commodity Exchange Act of 1936 as amended by the Commodity Futures Trading Commission Act of 1974 (collectively "the commodities acts"), 7 U.S.C. § 1 et seq. It also purports to charge violations of the securities acts, and charges violations of fiduciary obligations under the laws of New York State...

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