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RELIANCE INS. CO. v. EISNER & LUBIN

Civ. A. No. 86-1775.

685 F.Supp. 449 (1988)

RELIANCE INSURANCE COMPANY, Reliance Capital Group, L.P., Reliance Capital Group, Inc., Drexel Reliance Capital Group Partnership, George E. Bello, Lowell C. Freiberg, Henry R. Silverman, Howard E. Steinberg, and Michael J. Blake, Plaintiffs, v. EISNER & LUBIN, Defendant.

United States District Court, D. New Jersey.

May 24, 1988.

Attorney(s) appearing for the Case

Russel H. Beattie, Jr., New York City, for plaintiffs.

Alvin M. Stein, Parker, Chapin, Flattau & Klimpl, New York City, for defendant.

OPINION

WOLIN, District Judge.

I. JURISDICTION.

In their amended complaint, plaintiffs allege that defendant has violated the anti-fraud provisions of the securities laws of the United States, the Racketeer Influenced and Corrupt Organizations Act ("RICO") of the United States and the common law of the State of New Jersey. Specifically, plaintiffs allege that this court has federal question jurisdiction under 28 U.S.C. § 1331 pursuant to Section...

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