DEFIANCE INDUSTRIES, INC. v. GALDI

No. 63 Civ. 3662.

256 F.Supp. 170 (1964)

DEFIANCE INDUSTRIES, INC., Plaintiff, v. Joseph C. GALDI, Rita D. Galdi, Galdi Securities Corp. and Norte & Company, Defendants.

United States District Court S. D. New York.

September 25, 1964.


Attorney(s) appearing for the Case

Saxe, Bacon & O'Shea, New York City, for plaintiff.

Milton Paulson, New York City, for defendants.


TYLER, District Judge.

Plaintiff is an Ohio corporation, the stock of which is listed and traded on the American Stock Exchange. Defendants Joseph and Rita Galdi are New York residents and are the only partners of defendant Norte & Co., a New York partnership. Defendant Galdi Securities Corp. is a New York corporation engaged in the stock brokerage business.

The complaint alleges that from August, 1962, until the date of the complaint in December, 1963...

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