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McKOWAN LOWE & CO., LTD. v. JASMINE LTD.

Nos. 94-CV-5522, 96-CV-2318.

127 F.Supp.2d 516 (2000)

McKOWAN LOWE & CO., LTD., Plaintiff, v. JASMINE LTD., et al., Defendants, Harry Berger, individually and on behalf of a class similarly situated, and Bernard Cutler, individually and on behalf of a class similarly situated, Plaintiffs, v. Jasmine Ltd., et al., Defendants.

United States District Court, D. New Jersey.

June 30, 2000.

Attorney(s) appearing for the Case

Brian Clobes, Miller, Faucher, Cafferty and Wexler LLP, Philadelphia, PA, Marshall Seeder, John W. Moynihan, Sachnoff & Weaver, Ltd., Chicago, IL, Ronald L. Futterman, Michael I. Behn, Futterman & Howard, Chtd., Chicago, IL, for Plaintiffs.

Nicholas M. Kouletsis, Barbara M. Mather, Pepper Hamilton LLP, Cherry Hill, NJ, John M. George, Jr., Nancy A. Temple, Lisa M. Cipriano, Sidley & Austin, Chicago, IL, for Defendant Arthur Andersen LLP.

Richard A. Roth, Littman Krooks Roth & Ball P.C., New York City, NY, for Defendants Sands Brothers & Co., Ltd., Steven B. Sands and Martin Sands.

OPINION

RODRIGUEZ, District Judge.

This matter is before the court on defendant Arthur Andersen LLP's motion for summary judgment on plaintiffs' claims against it brought pursuant to Section 11 of the Securities Act of 1933, 15 U.S.C. § 77k and Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5, and on plaintiff Harry Berger's state law claims, and on plaintiff...

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