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McCOWAN v. SEARS, ROEBUCK AND CO.

No. 87 Civ. 2336 (RLC).

722 F.Supp. 1069 (1989)

Horace D. McCOWAN, Jr. and Sarah E. McCowan, Plaintiffs, v. SEARS, ROEBUCK AND CO., and Dean Witter Reynolds, Inc., Defendants.

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

October 12, 1989.

Attorney(s) appearing for the Case

Thompson & McMullan, Richmond, Va. (Charles W. Laughlin, of counsel), Harry H. Wise, III, New York City, for plaintiffs.

Morgan, Lewis & Bockius, New York City (John F.X. Peloso and Jane M. Knight, of counsel), for defendants.

ROBERT L. CARTER, District Judge.

Defendants Dean Witter Reynolds, Inc. ("Dean Witter") and Sears, Roebuck & Co. ("Sears") bring a motion to dismiss or, in the alternative, to stay all claims asserted against them by plaintiffs Horace D. McCowan, Jr. and Sarah E. McCowan (together, the "plaintiffs"). The plaintiffs charge the defendants with violation of the Virginia Securities Act. This court has diversity jurisdiction pursuant to 28 U.S.C. § 1332 (1976...

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