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CITY OF HARRISBURG v. BRADFORD TRUST CO.

Civ. A. No. 85-0429.

621 F.Supp. 463 (1985)

CITY OF HARRISBURG, Plaintiff, v. BRADFORD TRUST COMPANY, Defendant.

United States District Court, M.D. Pennsylvania.

November 5, 1985.

Attorney(s) appearing for the Case

R. Stephen Shibla, Rhoads & Sinon, Nathan H. Waters, Jr., City Sol., Harrisburg, Pa., for plaintiff.

Lewis Kunkel, Pepper, Hamilton & Scheetz, Harrisburg, Pa., for defendant.

MEMORANDUM

RAMBO, District Judge.

Background and Procedural History

This case is brought by the City of Harrisburg (hereinafter referred to as Harrisburg or the City) against Bradford Trust Company (Bradford), a New York financial and banking institution. The Complaint, filed on April 1, 1985, alleges violation of the federal securities laws, Section 10(b) of the Securities and Exchange Act, 15 U.S.C. § 78j(b), and Rule 10(b)-5, 17...

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