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MORALES v. NEW VALLEY CORP.

No. 95 Civ. 1246 (CSH).

968 F.Supp. 139 (1997)

Richard MORALES, Plaintiff, v. NEW VALLEY CORPORATION, Harry I. Freund and Jay S. Goldsmith, Defendants.

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

June 27, 1997.

Attorney(s) appearing for the Case

David Lopez, Southampton, NY, for Richard Morales.

Michael L. Hirschfeld, Milbank, Tweed, Hadley & McCloy, New York City, for New Valley Corp.

Jay G. Strum Kaye, Scholer, Fierman, Hays & Handler, New York City, for Harry I. Freund, Jay S. Goldsmith.

MEMORANDUM AND ORDER

HAIGHT, Senior District Judge.

This matter is currently before the Court for consideration of plaintiff's motion to amend his complaint to add a new party defendant, Kenneth S. Grossman, and a new claim for relief under section 16(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78p(b), applicable to both Grossman and the existing defendants. Defendants Goldsmith and Freund oppose the motion, arguing that plaintiff...

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