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BOTTARO v. HATTON ASSOCIATES

No. 80 CV 1298.

528 F.Supp. 1116 (1981)

Sophie BOTTARO and Frank Bottaro, et al., Plaintiffs, v. HATTON ASSOCIATES, et al., Defendants.

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

December 30, 1981.

Attorney(s) appearing for the Case

Bressler, Lipsitz & Rothenberg, New York City by David J. Olesker, New York City, for plaintiffs; Finkelstein, Thompson & Levenson by Douglas G. Thompson, Jr., John F. McCarthy III and Susan B. Bovee, Washington, D.C., of counsel.

Stern, Fixler & Wiener by Joel S. Stern, New York City, for defendants Hatton Associates, Lanni Mining Enterprises, Inc., Richard Guthrie and Morris P. Silver.

MEMORANDUM AND ORDER

NEAHER, District Judge.

This is a securities fraud action based on plaintiffs' purchase of limited partnership interests in defendant Hatton Associates. The details of the action are not pertinent to the instant motion, but the gravamen of the complaint is that, based on misrepresentations in offering documents that Hatton Associates owned an operating coal mine in Kentucky, defendants fraudulently induced plaintiffs to purchase interests...

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