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F.T.C. v. AMREP CORP.

No. 87 Civ. 4425 (PNL).

705 F.Supp. 119 (1988)

FEDERAL TRADE COMMISSION, Plaintiff, v. AMREP CORPORATION, Defendant.

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

September 29, 1988.

Attorney(s) appearing for the Case

Richard C. Donohue, Mary M. Carr, David M. Fitzgerald, Washington, D.C., for plaintiff.

I. Michael Bayda, Jacobs, Persinger & Parker, New York City, for defendant.

MEMORANDUM AND ORDER

LEVAL, District Judge.

The Federal Trade Commission ("Commission") brings this action against AMREP Corporation on behalf of allegedly defrauded purchasers of land, under Section 19(a)(2) of the Federal Trade Commission Act. 15 U.S.C. § 57b(a)(2). The complaint seeks redress for those purchasers. Both sides move for partial summary judgment contending that certain claims or issues have been bindingly adjudicated by prior litigation...

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