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CRESSWELL v. SULLIVAN & CROMWELL

No. 87 Civ. 2685 (RWS).

668 F.Supp. 166 (1987)

Edward CRESSWELL, et al., Plaintiffs, v. SULLIVAN & CROMWELL and Prudential-Bache Securities, Inc., Defendants.

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

July 31, 1987.

Attorney(s) appearing for the Case

Cooper, Brown & Behrle, P.C., New York City, for plaintiffs; Richard B. Cooper, of counsel.

Sullivan & Cromwell, New York City, pro se; Michael A. Cooper, Garrard R. Beeney, Pressly M. Millen, of counsel.

Dewey, Ballantine, Bushby, Palmer & Wood, New York City, for defendant Prudential-Bache; Sanford M. Litvack, Charles Chasin, of counsel.

OPINION

SWEET, District Judge.

In this action for fraud and negligent misrepresentation, defendants Sullivan & Cromwell and Prudential-Bache Securities, Inc. have moved for an order pursuant to Rule 12(b)(6), Fed.R.Civ.P., dismissing the amended complaint on the ground that it fails to state a claim upon which relief can be granted. For the reasons discussed below, the motion to dismiss is denied.

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