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SHOCHAT v. WEISZ

No. CV 87-6935 (ADS).

797 F.Supp. 1097 (1992)

Sam SHOCHAT, Phoebe Shochat, Isidore Shochat and Rose Shochat, Plaintiffs, v. Stanley WEISZ, Defendant.

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

June 23, 1992.

Attorney(s) appearing for the Case

Haas, Greenstein, Sims, Cohen & Gerstein, New York City (Robert I. Cantor, Lisa A. Wellman, of counsel), for plaintiffs.

Michael Dennis, Saul Weinstein, Garden City, N.Y., for defendant.

MEMORANDUM AND ORDER

SPATT, District Judge.

This is a securities fraud action to recover damages by investors against their accountant as a result of certain investments in tax shelters.

THE COMPLAINT

The complaint contains two causes of action. The first cause is based on alleged "affirmative misrepresentations and intentional omissions to plaintiffs concerning the advisability of their acquiring the ... securities and concerning his ...

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