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CULLEN v. PAINE WEBBER GROUP, INC.

No. 87 Civ. 2048 (MEL).

689 F.Supp. 269 (1988)

Thomas P. CULLEN, Herbert J. Liem, Thomas A. Monahan, Brett Vieillard, and Geoffrey J. Winters, Plaintiffs, v. PAINE WEBBER GROUP, INC., d/b/a Painewebber, Inc., formerly d/b/a Paine, Webber, Jackson & Curtis, Inc., Donald E. Nickelson, Theodore M. Johnson, Steven C. Kraus, Richard Kaufman, Guy Archbold, and Robert J. Hume, III, Defendants.

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

June 23, 1988.

Attorney(s) appearing for the Case

Chapman, Moran, Hubbard & Zimmerman, New York City, for plaintiffs; John H. Chapman, Brian E. Moran, of counsel.

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendants; Max Gitter, Mary E. Crawley, of counsel.

LASKER, District Judge.

Thomas P. Cullen, Herbert J. Liem, Thomas A. Monahan, Brett Vieillard, and Geoffrey J. Winters, all former brokers with Paine Webber Group, Inc., charge Paine Webber Group, Inc., together with six individuals who are or were employed at Paine Webber (collectively "Paine Webber"), with having fraudulently induced them to accept employment with Paine Webber in order to capture their client bases, all allegedly in violation of the Racketeer Influenced...

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