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KATARA v. D.E. JONES COMMODITIES, INC.

No. 85 Civ. 4604 (KTD).

652 F.Supp. 907 (1986)

Shiv B. KATARA, as Administrator of Manisha Sportswear, Inc.'s Defined Pension Trust, Plaintiff, v. D.E. JONES COMMODITIES, INC. and Alpha O. Nickelberry, Defendants and Third-Party Plaintiffs, v. Shiv B. KATARA, in his individual capacity, Third-Party Defendant.

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

December 9, 1986.

Attorney(s) appearing for the Case

Baratta & Goldstein, New York City, for plaintiff and third-party defendant; Howard J. Goldstein, of counsel.

Cadwalader, Wickersham & Taft, New York City, for defendants and third-party plaintiffs; John J. Walsh, H. Peter Haveles, Leslie R. Caldwell, of counsel.

KEVIN THOMAS DUFFY, District Judge:

D.E. Jones Commodities, Inc. ("Jones") is made up of people who defraud their clients. The jury so found. Jones defrauded Shiv B. Katara, the plaintiff, here. The jury so found. Indeed, the jury found that in this case, Jones was guilty of a gross and wanton fraud evincing a "high degree of moral turpitude and absolutely wanton dishonesty." Tr. 401. The jury similarly held against the defendant Alpha O. Nickelberry. The jury made...

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