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NIVRAM CORP. v. HARCOURT BRACE JOVANOVICH, INC.

No. 92 Civ. 1712 (JMC).

840 F.Supp. 243 (1993)

NIVRAM CORP., on behalf of itself and all those similarly situated, Plaintiff, v. HARCOURT BRACE JOVANOVICH, INC., William Jovanovich, Ralph D. Caulo, Margaret Mary McQuillan, John F. Berardi, and Randall E. Krizek, Defendants.

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

December 8, 1993.

Attorney(s) appearing for the Case

Zachary Starr, Goodkind Labaton Rudoff & Sucharow, New York City, for plaintiff.

Sheldon Raab, Fried, Frank, Harris, Shriver & Jacobson, New York City, for defendants.

MEMORANDUM AND ORDER

CANNELLA, District Judge.

Defendants' motion to dismiss the complaint is denied. Fed.R.Civ.P. 12(b)(6).

BACKGROUND

Plaintiff Nivram commenced the instant action on March 10, 1992, on behalf of a purported class of purchasers of Harcourt Brace Jovanovich ["HBJ"] preferred stock during the period March 30th through November 13, 1989. Nivram claims that the defendants...

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