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IN RE CITISOURCE, INC. SECURITIES LITIGATION

No. 86 Civ. 1711 (GLG).

694 F.Supp. 1069 (1988)

In re CITISOURCE, INC. SECURITIES LITIGATION. D.H. BLAIR & CO., INC., Defendant Third-Party Plaintiff, v. CITY OF NEW YORK, Third-Party Defendant. D.H. BLAIR & CO., INC., Defendant Third-Party Plaintiff, v. HOLTZMANN, WISE & SHEPARD and David Berdon & Co., Third-Party Defendants.

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

September 12, 1988.

Attorney(s) appearing for the Case

Wilmer, Cutler & Pickering, Washington, D.C. (Gerard S. Citera, Arthur F. Mathews, Andrew B. Weissman, Maxwell O. Chibundu, Stephen H. Sachs, of counsel), Gusrae, Kaplan & Bruno, New York City (Martin Kaplan, Thomas Rigilano, of counsel), for defendant third-party plaintiff, D.H. Blair & Co., Inc.

Peter L. Zimroth, Corp. Counsel, New York City (Helene Fromm, Allen E. Burns, Steven Levi, of counsel), for third-party defendant, City of New York.

Lester Schwab Katz & Dwyer, New York City (Richard Granofsky, Steve Getzoff, of counsel), for third-party defendants, Holtzmann, Wise & Shepard.

OPINION

GOETTEL, District Judge:

Familiarity with the facts underlying this case is presumed; they have been well publicized, and were described in the Second Circuit's opinion in United States v. Friedman, 854 F.2d 535 (1988). As that description makes clear, the investigation which bared New York City's maggoted Parking Violations Bureau1 (the "PVB") revealed as well the infestation...

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