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HEILBRUNN v. HANOVER EQUITIES CORPORATION

No. 65 Civ. 3282.

259 F.Supp. 936 (1966)

Ernest HEILBRUNN et al., Plaintiff, v. HANOVER EQUITIES CORPORATION et al., Defendants.

United States District Court S. D. New York.

June 21, 1966.

Attorney(s) appearing for the Case

Herman Odell, New York City, for plaintiffs.

Stroock, Stroock & Lavan, New York City, for defendants Hanover Equities Corp., Adler, Wilpon, Cohen and Rozen.

Dreyer & Traub, Brooklyn, N. Y., for defendants Steven M. Jacobson, Marvin H. Kucker and Abraham Traub.

Pomerantz, Levy, Haudek & Block, New York City, for defendant Edward Gettinger.

Bodin & Gottlieb, New York City, for defendant Nat Berger Associates, Inc.

Squadron & Plesent, New York City, for defendant Eugene L. Colman.

Mound, Belfer & Greenburg, New York City, for defendant Jack P. Schleifer.

MEMORANDUM

FRANKEL, District Judge.

The three counts of the second amended complaint, briefly summarized, undertake to allege the following claims:

(1) A spurious class action by the plaintiffs and others similarly situated, under the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, for damages allegedly incurred from the purchase of defendant corporation's...

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