GLOBUS, INC. v. LAW RESEARCH SERVICE, INC.

No. 65 Civ. 1694.

318 F.Supp. 955 (1970)

GLOBUS, INC., et al., Plaintiffs, v. LAW RESEARCH SERVICE, INC. and Ellias C. Hoppenfeld, Defendants. and BLAIR & CO., Granbery, Marache, Incorporated, Defendant and Third-Party Plaintiff, v. Paul WIENER, Third-Party Defendant.

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

October 7, 1970.


Attorney(s) appearing for the Case

Mudge, Rose, Guthrie & Alexander, New York City, for Blair & Co., Granbery, Marache, Inc.; Milton Black, Thomas Esposito, New York City of counsel.

Julien, Glaser, Blitz & Schlesinger, New York City, for Law Research Service, Inc., and Ellias Hoppenfeld; Alfred S. Julien, New York City, of counsel.


FRANKEL, District Judge.

In this lawsuit, a prolific generator of nice questions, plaintiff purchasers of securities have recovered a judgment under the 1933 and 1934 Securities Acts, have been paid a reduced amount allowed by a modification on appeal, and have finally gone hence. There remains a dispute as to whether one defendant, Blair & Co., Granbery, Marache, Incorporated (Blair), having paid in full the amount of the judgment, may recover contribution from...

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