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K.B. EQUITIES, INC. v. PRICE WATERHOUSE

Civ. A. No. 86-4295.

764 F.Supp. 1005 (1991)

K.B. EQUITIES, INC. v. PRICE WATERHOUSE.

United States District Court, E.D. Pennsylvania.

May 3, 1991.

Attorney(s) appearing for the Case

Allen D. Black and Donald L. Perelman, Philadelphia, Pa., for plaintiff.

John G. Harkins, Jr. and Patricia L. Freeland, Philadelphia, Pa., for defendant.

OPINION AND ORDER

DITTER, District Judge.

This case is one in a series of claims concerning AIA Industries, Inc. See In re AIA Industries, Inc. Securities Litigation, Master File No. 84-2276 (E.D.Pa.). Here, plaintiff claims defendant, an accounting firm, produced fraudulent audits and financial statements for AIA and that plaintiff relied on these reports when purchasing AIA securities. Plaintiff alleges violations of Section 10(b) of the Securities...

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