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MARCUS v. FROME

Nos. 02 Civ. 6192(JGK), 03 Civ. 461(JGK).

329 F.Supp.2d 464 (2004)

Bernard MARCUS, Performance Capital LLC and Webnet Design LLC, Plaintiffs, v. Robert FROME and Olshan Grundman Frome Rosenzweig & Wolesky, LLP, Defendants. Andrew Chandler, Plaintiff, v. Robert Frome and Olshan Grundman Frome Rosenzweig & Wolosky, Defendants.

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

August 9, 2004.

Attorney(s) appearing for the Case

Leon Baer Borstein, New York City, for Plaintiffs.

Thomas J. Fleming, Olshan, Grundman, Frome, Rosenzweig & Wolosky, L.L.P., New York City, for Defendants.

OPINION and ORDER

KOELTL, District Judge.

These two actions allege violations of the federal securities laws and common law based on the allegedly false and misleading statements made by the defendants, Robert Frome ("Frome") and the law firm Olshan Grundman Frome Rosenzweig & Wolosky, LLP ("Olshan"), in a Purchase Agreement executed between Bernard Marcus ("Marcus"), Performance Capital LLC ("Performance"), Webnet Design LLC ("Webnet"), The Greatest...

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