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ADES v. DELOITTE & TOUCHE

Nos. 90 Civ. 4959 (RWS), 90 Civ. 5056 (RWS).

843 F.Supp. 888 (1994)

Morris ADES, Apmont Group, Inc., the Equity Group, Inc. Profit Sharing Trust, Jerome I. Feldman, S. Marcus Finkle, Sandra Glicksman, Goldstein, Golub & Kessler Profit Sharing Trust, Philippe Grelsamer, Richard Kessler, James J. Manning, Markin Trading Corp. Pension Trust, Randolph K. Pace, Anna B. Rosen, Dennis Silberman and Martin Stern, Plaintiffs, v. DELOITTE & TOUCHE, Winifred Schuberth, John Hanny, David F. Randall and Luis Santacaterina, Defendants. DELOITTE & TOUCHE, Defendant/Third-Party Plaintiff, v. BOLAR PHARMACEUTICAL CO., INC., Robert Shulman, Eastlake Securities, Inc., William T. Hultquist, Lawson Mardon Group Limited, Lawson Mardon, Inc., and Garrett Cronin, Third-Party Defendants.

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

February 7, 1994.

Attorney(s) appearing for the Case

Shea & Gould, New York City, for defendant Deloitte & Touche; Mark E. Davidson, of counsel.

Robinson Brog Leinwand Reich Genovese & Gluck, P.C., New York City, for third-party defendant Eastlake Securities; Richard W. Cohen, David C. Burger, of counsel.

OPINION

SWEET, District Judge.

Third-party defendants Eastlake Securities Inc. ("Eastlake") have moved, pursuant to Rule 3(j) of the Civil Rules of the Southern District of New York ("Local Rule 3(j)") for an order granting them leave to reargue that portion of their motion, filed January 6, 1993, relating to the dismissal of the Rule 10b-5 claims under the Securities Exchange Act of 1934 alleged in Deloitte & Touche's ("D & T") third party...

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