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B.S. INTERN. LTD. v. LICHT

Civ. A. No. 86-0025B.

696 F.Supp. 813 (1988)

B.S. INTERNATIONAL LIMITED v. Frank LICHT, as Executor of the Estate of Barry R. Newman and Trustee of the Trust created pursuant to the Last Will and Testament of Barry R. Newman; Morton B. Newman and Minnie Newman, as Co-Executors of the Estate of Barney Newman, and Vincent Pellegrini.

United States District Court, D. Rhode Island.

October 12, 1988.

Attorney(s) appearing for the Case

J. William Codinha, Fred A. Kelly, Peabody & Brown, Boston, Mass., Thomas C. Angelone, Hodosh, Spinella & Angelone, Providence, R.I., for plaintiff.

Raymond A. LaFazia, Guy J. Wells, Gunning, LaFazia & Gnys, Inc., Providence, R.I., for defendants Frank Licht, Morton B. Newman and Minnie Newman.

Matthew F. Madeiros, Edwards & Angell, Providence, R.I., for defendant Vincent Pellegrini.

OPINION

FRANCIS J. BOYLE, Chief Judge.

Plaintiff, whose principal owner is Steven Baracsi, filed a ten count complaint against the Defendants alleging securities fraud in violation of Section 10(b) of the Securities Exchange Act of 1934 against Frank Licht and Vincent Pellegrini; alleging securities fraud in violation of Section 12(2) of the Securities Exchange Act of 1933 against Frank Licht, Minnie Newman, and Morton B. Newman; alleging racketeering in...

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