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APPEL v. KIDDER, PEABODY & CO. INC.

No. 84 Civ. 7359 (EW).

628 F.Supp. 153 (1986)

Irving APPEL, Michael Appel, and Gertrude Appel, as trustees for the Welling International Corporation Employees Pension Trust, Plaintiffs, v. KIDDER, PEABODY & CO. INC. and Angelo Grigoropoulos, Defendants.

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

February 14, 1986.

Attorney(s) appearing for the Case

Jeffrey V. Boxer, New York City, for plaintiffs.

Shanley & Fisher, P.C., New York City, for defendant Kidder, Peabody & Co.; Matthew Farley, Brian McDonough, of counsel.

EDWARD WEINFELD, District Judge.

This action, centering about charges of securities fraud, has its inception in marital and family strife. Plaintiffs Irving and Gertrude Appel, husband and wife, and their son Michael are the trustees of the employee pension trust ("Trust") of the Welling International Corporation, a closely-held Connecticut corporation. The plaintiffs are all residents of the state of Connecticut, as are all the beneficiaries of the Trust. From July...

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