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PHILLIPS v. KIDDER, PEABODY & CO.

No. 87 Civ. 4936 (DLC) (JCF).

933 F.Supp. 303 (1996)

Robert D. PHILLIPS, individually and on behalf of other shareholders of Computer Depot, Inc., similarly situated, Plaintiffs, v. KIDDER, PEABODY & CO., Defendant.

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

July 2, 1996.

Attorney(s) appearing for the Case

Samuel P. Sporn, Joel P. Laitman, Schoengold & Sporn, P.C., New York City, for plaintiffs.

Philip K. Howard, Jack P. Levin, Linda Goldstein, C. William Phillips, Howard, Darby & Levin, New York City, for defendant.

MEMORANDUM AND ORDER

FRANCIS, United States Magistrate Judge.

The plaintiff in this class action, Robert D. Phillips, alleges that Kidder, Peabody & Co. ("Kidder") violated federal securities laws and committed common law fraud in connection with a public offering of stock in Computer Depot, Inc. ("CDI" or "the company"). The parties consented to my jurisdiction for all purposes pursuant to 28 U.S.C. § 636(c). The plaintiff alleges violations...

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