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ZISSU v. BEAR, STEARNS & CO.

No. 84 Civ. 7383.

627 F.Supp. 687 (1986)

Frederick ZISSU, Plaintiff, v. BEAR, STEARNS & CO., a New York Limited Partnership, Barry West, Carleton A. Holstrom, Encore Exploration, Inc., a Delaware corporation, Hearts Energy, Inc., a New York corporation, Gerald B. Cramer, Richard D. Segal, Edward J. Rosenthal, John Doe and Richard Roe, Inc., Defendants.

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

February 4, 1986.

Attorney(s) appearing for the Case

Jaffe & Schlesinger, P.A., Springfield, N.J., for plaintiff; Robert H. Jaffe, Arthur Swidler, of counsel.

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Bear, Stearns, defendants; Max Gitter, Robert P. Haney, of counsel.

Rosenman, Colin, Freund, Lewis & Cohen, New York City, for Encore, defendants; Gerald Walpin, Steven S. Miller, Brian G. Lustbader, Richard L. Claman, of counsel.

EDWARD WEINFELD, District Judge.

Plaintiff commenced this action upon allegations, among others, that defendants Bear, Stearns & Co. ("Bear Stearns"), Encore Exploration, Inc. ("Encore") and other defendants acting in concert had violated sections 12(2) and 15 of the Securities Act of 1933,1 section 10(b) of the 1934 Act,2 and Rule 10b-5 promulgated thereunder.3 In substance...

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