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FALLER GROUP, INC. v. JAFFE

Nos. 82 Civ. 0907 (PNL), 82 Civ. 0939 (PNL).

564 F.Supp. 1177 (1983)

The FALLER GROUP, INC., Plaintiff, v. Matthew JAFFE, et al., Defendants. Matthew JAFFE, Plaintiff, v. FALLER INDUSTRIES, INC., et al., Defendants.

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

May 9, 1983.

Attorney(s) appearing for the Case

Shea & Gould by Ralph Ellis and David Pikus, New York City, for Matthew Jaffe.

Paul, Weiss, Rifkind, Wharton & Garrison by Jay Greenfield, Allan J. Arffa and Earl H. Doppelt, New York City, for Faller Group.

Dewey, Ballantine, Busby, Palmer & Wood by Robert C. Myers and Saul P. Morgenstern, New York City, for Great-West Life Assur. Co.

OPINION AND ORDER

LEVAL, District Judge.

These are causes of action for fraud and counterclaims for breach of contract in connection with the purchase by plaintiff The Faller Group, Inc. from defendant Matthew Jaffe of companies engaged in aspects of the insurance business (the "Jaffe Companies"). The jurisdiction of the federal courts is appropriately based on the federal securities laws and diversity of citizenship.

The gist of the Faller claims...

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