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WINTER v. D. J. & M. INVESTMENT AND CONSTRUCTION CORP.

No. 161-59.

185 F.Supp. 943 (1960)

Aaron WINTER and Ruth E. Winter, Plaintiffs, v. D. J. & M. INVESTMENT AND CONSTRUCTION CORP., Philip Cravitz, Donald L. Cravitz, Michael D. Cravitz, Jeanne Cravitz, Bennett J. Cravitz, Richard Davis, Leo E. Bromberg, Andrew P. Tell, Mary Tell, Murray J. Ross, Murray J. Ross, doing business under the firm name and style of M. J. Ross & Co., M. J. Ross & Co., Inc., Atlas Securities, Inc., and Herman B. Rothbard, Defendants.

United States District Court S. D. California, Central Division.

July 29, 1960.

Attorney(s) appearing for the Case

Shacknove & Goldman, Los Angeles, Cal., for plaintiffs.

Bennett J. Cravitz, Los Angeles, Cal., in pro. per., for defendant D. J. & M. Inv. & Const. Corp.

Slavitt & Edelman, Beverly Hills, Cal., and Robert R. Weaver, Phoenix, Ariz., for defendants Rothbard and Andrew and Mary Tell.

Leo E. Bromberg, Beverly Hills, Cal., in pro. per., for defendants Murray J. Ross, Murray J. Ross d/b/a M. J. Ross & Co., M. J. Ross & Co., Inc. and Atlas Securities, Inc.

BYRNE, District Judge.

This is a suit under the civil liabilities provisions of the Securities Act of 1933.1 The plaintiff has tendered securities sold to him, allegedly in violation of the Act, and seeks to recover the consideration paid therefor.

Defendants Andrew and Mary Tell, who are in the business of developing industrial properties in Arizona, arranged with the United States Electronic Development Corporation, hereafter...

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