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MARGOLIS v. REPUBLIC NAT. BANK OF NEW YORK

No. 84 Civ. 2060 (WK).

585 F.Supp. 595 (1984)

Sylvia MARGOLIS, suing on behalf of herself and of all others similarly situated, Plaintiff, v. REPUBLIC NATIONAL BANK OF NEW YORK and John Does No. 1 through 100, Officers and Directors, Defendants.

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

May 24, 1984.

Attorney(s) appearing for the Case

Comer & Meyerson by Hal Meyerson, New York City, for plaintiff.

Shearman & Sterling by Charles Parlin, Jr., New York City, for defendants.

MEMORANDUM & ORDER

WHITMAN KNAPP, District Judge.

Defendants have moved to dismiss the complaint which alleges violations of the Racketeer Influenced and Corrupt Organization Act ("RICO"), 18 U.S.C. § 1961 et seq., and specifically of the "civil RICO statute," 18 U.S.C. § 1964.

The facts underlying the action are simply stated. From approximately March 1979 to March 1980, defendants ran a series of advertisements for long-term...

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