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RICHARDSON v. SHEARSON/AMERICAN EXPRESS CO., INC.

No. 82 Civ. 3769 (HFW).

573 F.Supp. 133 (1983)

Daniel P. RICHARDSON, Patricia R. Richardson, Thomas W. Richardson, and Frederick L.W. Richardson, III, Plaintiffs, v. SHEARSON/AMERICAN EXPRESS COMPANY, INC., Drexel Burnham Lambert, Inc., and Peter Von Nessi, Jr., Defendants.

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

March 29, 1983.

Attorney(s) appearing for the Case

Liebowitz & Cohen by Laurence B. Liebowitz, New York City, for plaintiffs.

Willkie Farr & Gallagher by Louis A. Craco, A. William Urquhart, New York City, for defendants Von Nessi and Shearson/American Express Co., Inc.

Cahill Gordon & Reindel by Thomas F. Curnin, Donald S. Parker, Harlan A. Levy, New York City, for defendant Drexel.

MEMORANDUM DECISION

WERKER, District Judge.

This is an action in which plaintiffs seek to recover the losses they sustained on the purchase of stock of Nucorp Energy, Inc. ("Nucorp"). The complaint contains thirteen counts and contains causes of action arising under various provisions of the federal securities laws and the regulations promulgated thereunder, the Racketeer Influenced and Corrupt Organizations Act ("RICO"), 18 U.S.C. §§ 1961-1968...

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