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IN RE CRYSTAL BRANDS SECURITIES LITIGATION

No. 5:92CV00411 (WWE).

862 F.Supp. 745 (1994)

In re CRYSTAL BRANDS SECURITIES LITIGATION. This document relates to: All Actions.

United States District Court, D. Connecticut.

September 7, 1994.

Attorney(s) appearing for the Case

J. Daniel Sagarin, Elias A. Alexiades, Hurwitz & Sagarin, Milford, CT, Joshua Rubin, Abbey & Ellis, Robert I. Harwood, Jeffrey M. Haber, Wechsler, Skirnick, Harwood, Halebian & Feffer, New York City, for plaintiffs.

James F. Stapleton, Kenneth W. Ritt, Joy Beane, Day, Berry & Howard, Stamford, CT, Darla C. Stuckey, Jospeh S. Allerhand, Weil, Gotshal & Manges, New York City, for defendants.

RULING ON DEFENDANTS' MOTION TO DISMISS

EGINTON, Senior District Judge.

Plaintiffs bring this action against individual defendants who acted as controlling persons of Crystal Brands, Inc. ("Crystal Brands").1 Plaintiffs allege securities fraud in violation of section 10(b) and section 20 of the Securities Exchange Act of 1934 ("Exchange Act"), 15 U.S.C. §§ 78j(b) & 78t. They further assert state law claims of fraud...

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