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MORALES v. QUINTEL ENTERTAINMENT, INC.

No. 98 Civ. 7071(WCC).

72 F.Supp.2d 344 (1999)

Richard MORALES, Plaintiff, v. QUINTEL ENTERTAINMENT, INC. and Peter Stolz, Defendants.

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

October 27, 1999.

Attorney(s) appearing for the Case

Law Offices of David Lopez, Southampton, New York, for plaintiff; David Lopez, Albert D. Barnes, of counsel.

Moses & Singer LLP, New York City, for defendant; Roger L. Waldman, Gregory J. Fleesler, of counsel.

OPINION AND ORDER

WILLIAM C. CONNER, Senior District Judge.

Plaintiff Richard Morales brings this shareholder suit pursuant to Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b) (the "Act"), to recover profits realized by defendant Peter Stolz through his short-swing trading in common shares of Quintel Entertainment, Inc. ("Quintel"). Quintel is a named defendant solely to bring all the necessary parties before the court...

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