HEIT v. WEITZEN

No. 65 Civ. 1942.

260 F.Supp. 598 (1966)

Charles HEIT, Plaintiff, v. Edward H. WEITZEN et al., Defendants. Betty VOLK, Plaintiff, v. Edward H. WEITZEN et al., Defendants.

United States District Court S. D. New York.

June 10, 1966.


Attorney(s) appearing for the Case

Battle, Fowler, Stokes & Kheel, New York City, for defendant Tyminski. Theodore W. Kheel, Raymond F. Gregory, Joel M. Walker, New York City, of counsel.

Arthur Lichtenstein, New York City, for plaintiffs. Pomerantz, Levy, Haudek & Block, Stephen R. Steinberg, Richard M. Meyer, New York City, of counsel.

Cahill, Gordon, Reindel & Ohl, New York City, for defendant Grant. John F. Sonnett, Immanuel Kohn, David R. Hyde, New York City, of counsel.

Carter, Ledyard & Milburn, New York City, for defendants Weitzen and Fischer.

Kostelanetz & Ritholz, New York City, for defendant Belock. Boris Kostelanetz, Edward J. Daus, New York City, of counsel.


OPINION

SUGARMAN, District Judge.

Charles Heit (Heit) as plaintiff in 65 Civil 1942 and Betty Volk (Volk) as plaintiff in 65 Civil 2303 each commenced an action against defendants Weitzen, Tyminski, Silverstein, Grant, Levy, Fischer and Belock Instrument Corporation (Belock), seeking damages alleged to have been sustained by each plaintiff in purchasing securities of defendant Belock. In due course the actions were consolidated and a "consolidated amended...

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