Murray J. FOX, Dorothea Fox, Sol Fox and Sylvia Frost, on behalf of themselves and as representatives of all other persons similarly situated, Plaintiffs,
v.
GLICKMAN CORPORATION, Louis Glickman, Louis A. Siegel, Aaron Katz, William M. Jennings, William G. Dillon, Bache & Co., Hirsch & Co., Incorporated, Hirsch & Co. and Morris Cohon & Company, Defendants.
Arthur RUDNICK, Paul and Jean Carl, Helen Orsano, Florence Verdirame, Gabriel and Ruth Ascher, on behalf of themselves and all others similarly situated, Plaintiffs,
v.
FRANCHARD CORPORATION (formerly known as the Glickman Corporation), Louis J. Glickman, Louis A. Siegel, William M. Jennings, Seymour Young, Aaron Katz, Morris Cohon & Co., David Berdon & Co., Hirsch & Co., Bache & Co., and the Venada Corporation, Defendants.
Morris LAZAR et al., Plaintiffs,
v.
FRANCHARD CORPORATION (formerly Glickman Corporation), Bache & Co., Hirsch & Co. Incorporated, Morris Cohon & Company, Louis J. Glickman, Louis A. Siegel, Aaron Katz and Seymour Young, Defendants.
United States District Court S. D. New York.https://leagle.com/images/logo.png
May 3, 1966.
May 3, 1966.
Attorney(s) appearing for the Case
Herman Odell, New York City, for plaintiffs in Fox.
Stanley L. Siegel, New York City, for plaintiffs in Rudnick; Malchman & Klied, Irving Malchman and Jerome J. Klied, New York City, of counsel.
Kaufman, Taylor, Kimmel & Miller, New York City, for plaintiffs in Lazar; Stanley L. Kaufman and Shephard S. Miller, New York City, of counsel.
Stroock & Stroock & Lavan, New York City, for defendant David Berdon & Co.; David Schwartz and Gerald D. Fischer, New York City, of counsel.
Kramer, Bandler & Labaton, New York City, for defendant Morris Cohon & Co.; Sidney Kramer and Edward Labaton, New York City, of counsel.
Simpson, Thacher & Bartlett, New York City, for all other defendants; Roy L. Reardon and John R. Cannell, New York City, of counsel.
Sullivan & Cromwell, Stuart W. Thayer and Marvin Schwartz, New York City, of counsel, for defendant Bache & Co.
Guggenheimer & Untermyer, Harry Hoffman, New York City, of counsel, for defendant Hirsch & Co.
Bergerman & Hourwich, New York City, for Harry H. Levy, an applicant for intervention in Fox; George K. Hourwich and Joseph Calderon, New York City, of counsel.
Sidney S. Bobbe, New York City, for objectants Arch and Alberta De Bear.
Rosenberg & Rosenberg, New York City, for George Garatti, nominee for Mastan Co., Inc.; Joseph Feldman, New York City, of counsel.
Lewis Herman, Hicksville, N. Y., for objectant Benjamin Bloch.
Stanley Frederick, New York City, for objectant Ely Tarplin.
Cole & Deitz, New York City, for objectant Meadow Brook National Bank; Frederick D. Schroeder and Myron Wiess, New York City, of counsel.
Livingston, Livingston & Harris, New York City, for objectants Bank of North America, Royal National Bank of New York, Trade Bank and Trust Co., American Trust Co. and Israel Discount Bank; I. Alan Harris and Joseph W. Greenberger, New York City, of counsel.
United States District Court S. D. New York.
METZNER, District Judge.
The parties have submitted an agreement of compromise and settlement for approval by the court, pursuant to Fed. R.Civ.P. 23(c).
Three spurious class actions were instituted on March 18, 1963, June 17, 1963 and September 27, 1963, respectively, alleging violations of sections 11, 12 and 17(a) of the Securities Act of 1933 and section 10(b) of the Securities Exchange Act of 1934 and the rules promulgated thereunder by the Securities...
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