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BILICK v. EAGLE ELEC. MFG. CO., INC.

No. CV-90-0880 (RJD).

807 F.Supp. 243 (1992)

Gail BILICK and Brian Bilick individually, and Gail Bilick as parent and natural guardian of Alison Bilick and Erica Bilick, Plaintiffs, v. EAGLE ELECTRIC MANUFACTURING COMPANY, INC. and Melvin Ludwig, Defendants.

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

November 2, 1992.

Attorney(s) appearing for the Case

Norman A. Senior, Greenfield Eisenberg Stein & Senior, New York City, for plaintiffs.

Jay F. Gordon, Phillips, Nizer, Benjamin, Krim & Ballon, New York City, for defendants.

MEMORANDUM AND ORDER

DEARIE, District Judge.

Plaintiffs bring this securities fraud action alleging violations of Section 10(b) of the Securities and Exchange Act of 1934 (the "Act"), Rule 10b-5 promulgated thereunder, and pendent state law claims. This suit arises out of the 1986 sale of plaintiffs' stock in Eagle Electric Manufacturing Company ("Eagle"), back to Eagle under a stock purchase agreement between the corporation and its shareholders. The sale...

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