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ZLOTNICK v. TIE COMMUNICATIONS

Civ. A. No. 85-1364.

665 F.Supp. 397 (1987)

Albert M. ZLOTNICK, individually and on behalf of all others similarly situated v. TIE COMMUNICATIONS, et al.

United States District Court, E.D. Pennsylvania.

June 22, 1987.

Attorney(s) appearing for the Case

Donald B. Lewis, Philadelphia, Pa., David B. Zlotnick, Bala Cynwyd, Pa., for plaintiffs.

David H. Pittinsky, Philadelphia, Pa., Skadden Arps Slate Meagher & Flom, George A. Zimmerman, New York City, Edward J. Yodowitz, for TIE Communications.

MEMORANDUM

GILES, District Judge.

Plaintiff has moved for class certification pursuant to Fed.R.Civ.P. 23(a) and 23(b)(3) on behalf of all persons or entities, who from January 1, 1983 to June 30, 1983, made a short sale of the stock of Technicom International, Inc. ("Technicom") and who sustained a financial loss in subsequently covering their short position. Albert Zlotnick's amended complaint alleges three distinct grounds for relief: defendants' alleged...

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