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SLOMOVICS v. ALL FOR A DOLLAR, INC.

No. 93 CV 1352 (JG).

906 F.Supp. 146 (1995)

Abraham SLOMOVICS, Robert Wochinger, Philip Abalelli, Cyrus Sakhai, and Edward E. and Elizabeth W. McDaid, on behalf of themselves and all others similarly situated, Plaintiffs, v. ALL FOR A DOLLAR, INC., et al., Defendants.

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

December 5, 1995.

Attorney(s) appearing for the Case

Joseph H. Weiss, New York City, for plaintiff.

Jeffrey C. Dannenberg, Spector, Scher, Feldman & Sternklar, New York City, Jonathan B. Alter, Schatz & Schatz Ribicoff & Kotkin, Hartford, CT, for defendants.

MEMORANDUM AND ORDER

GLEESON, District Judge:

On March 29, 1993, Abraham Slomovics, together with other purchasers of securities of All For a Dollar, Inc. ("Dollar"), brought this class action against that company and three of its officers, V. Martin Effron, Roger A. Slate and Christopher Catjakis (the "Officers"), alleging that they had disseminated materially false and misleading statements and omissions concerning Dollar's business, finances, markets...

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