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CREATIVE SECURITIES CORP. v. BEAR STEARNS & CO.

No. 87 Civ. 2188 (RJW).

671 F.Supp. 961 (1987)

CREATIVE SECURITIES CORP., et al., Plaintiffs, v. BEAR STEARNS & CO., et al., Defendants.

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

October 13, 1987.

Attorney(s) appearing for the Case

Charles J. Hecht, P.C., New York City, for plaintiffs; Charles J. Hecht and Jacob H. Zamansky, of counsel.

Parker Chapin Flattau & Klimpl, New York City, for Bear Stearns, defendants; Alvin M. Stein, Charles P. Greenman and Katherine C. Ash, of counsel.

Gibson, Dunn & Crutcher, New York City, for defendant Alan Abelson.

Kaye, Scholer, Fierman, Hays & Handler, New York City, for defendants M.A. Berman Co. and Meyer Berman.

Scheffler Karlinsky & Stein, New York City, for defendants Starr Securities, Inc., Martin Vegh and Fagenson & Co., Inc.

OPINION

ROBERT J. WARD, District Judge.

Defendants Bear, Stearns & Co., Bear, Stearns & Company, Bear, Stearns & Co. Inc., (collectively "Bear Stearns defendants"), the former general partners of Bear Sterns who were served with a summons and complaint in this action, ("Bear Sterns Partners"),1 Richard Harriton ("Harriton"), William Gangey ("Gangey"), and Joseph Thomas...

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