GALLO v. MAYER


50 Misc.2d 385 (1966)

Charles L. Gallo, Plaintiff, v. Chester M. Mayer et al., Defendants.

Supreme Court, Special Term, Nassau County.

May 3, 1966


Attorney(s) appearing for the Case

Stull & Stull for plaintiff. Stroock & Stroock & Lavan for Chester M. Mayer, defendant. Simpson Thacher & Bartlett (English, Cianciulli & Reisman of counsel), for Paul E. Manheim and another, defendants.


BERNARD S. MEYER, J.

In this action, begun in 1960, plaintiff sets forth two causes of action: (1) breach of a contract of joint venture, (2) common-law fraud. In 1964 plaintiff instituted an action in the United States District Court, predicated upon the same factual complex, for violation of subdivision (b) of section 10 and paragraph (2) of subdivision (c) of section 15 of the Securities Exchange Act of 1934...

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