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LERMAN v. TENNEY

No. 736, Docket 34590.

425 F.2d 236 (1970)

Joseph LERMAN and Rose Lerman, as joint tenants, Plaintiffs-Appellants, v. Jerry M. TENNEY, Tenney Corporation, Tenney Realty Corporation of New York, Tenney Securities Corporation, Defendants, Philip Levine, Richard Witrofsky, Alexander M. Feld, Hilda Janis and 40 Exchange Realty Company, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided April 16, 1970.

Attorney(s) appearing for the Case

Ira Jay Sands, New York City (James Geller, New York City, of counsel), for plaintiffs-appellants.

Elson & Halperin, New York City (Martin Elson, and Harold A. Halperin, New York City, of counsel), for defendants-appellees, Levine, Witrofsky, Feld and 40 Exchange Realty Co.

Before WATERMAN and ANDERSON, Circuit Judges, and WEINFELD, District Judge.

PER CURIAM.

Plaintiffs, limited partners in a real estate syndication which had over 400 other participants, commenced this action against various defendants, including the limited partnership and three general partners. The complaint contained three separate counts. The first alleged a class action on behalf of plaintiffs and other purchasers of limited partnership interests and charged violations of the Securities Act of 1933, section 17(a),1<...

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