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KANBAR v. U.S. HEALTHCARE, INC.

No. 89 Civ. 1197 (JMW).

715 F.Supp. 602 (1989)

Edward S. KANBAR and Rooney Castellon, Inc., individually and on behalf of MEDIQ Incorporated, Plaintiffs, v. U.S. HEALTHCARE, INC., Leonard Abramson, MEDIQ Incorporated, Eugene M. Schloss, Jr., and Alan Letofsky, Defendants.

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

July 13, 1989.

Attorney(s) appearing for the Case

Edward S. Kanbar, New York City, for plaintiffs.

Harvey Kurzweil, Dewey, Ballantine, Bushby, Palmer & Wood, New York City, and Lawrence D. Berger, Dilworth, Paxson, Kalish & Kauffman, Philadelphia, Pa., for defendants.

MEMORANDUM AND ORDER

WALKER, District Judge:

Plaintiffs Edward S. Kanbar ("Kanbar") and Rooney Castellon, Inc. ("Castellon"), individually and derivately on behalf of MEDIQ Incorporated ("MEDIQ"), have brought suit against defendants U.S. Healthcare, Inc. ("USH"), MEDIQ Incorporated, Leonard Abramson ("Abramson"), Eugene M. Schloss, Jr. ("Schloss"), and Alan Letofsky ("Letofsky"), alleging securities fraud, common law fraud, and violations of the Racketeer...

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