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LEWIS v. BRADLEY

No. 83 Civ. 7324 (EW).

599 F.Supp. 327 (1984)

Harry LEWIS, Plaintiff, v. Douglas H. BRADLEY and Iroquois Brands, Ltd., Defendants.

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

December 18, 1984.

Attorney(s) appearing for the Case

Levy & Levy, New York City, for plaintiff; Morris J. Levy, New York City, of counsel.

Reid & Priest, New York City, for defendants; Peter C. Williams, Joseph C. Mitchell, New York City, of counsel.

OPINION

EDWARD WEINFELD, District Judge.

Plaintiff, Harry Lewis ("Lewis"), brings this action on behalf of Iroquois Brands Ltd. ("Iroquois") to recover alleged short-swing profits from an insider, defendant Douglas H. Bradley ("Bradley"), pursuant to Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. Section 78p(b). Bradley is a former officer and director of Iroquois. He moves to dismiss the complaint for failure to state a claim upon which...

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