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WEISMAN v. ASHPLANT

No. 70 Civ. 1206.

326 F.Supp. 825 (1971)

Lawrence I. WEISMAN, Plaintiff, v. William ASHPLANT and F. B. Ashplant, doing business as partners under the name of F. B. Ashplant & Co., and Scantlin Electronics, Inc., Defendants.

United States District Court, S. D. New York.

March 31, 1971.

Attorney(s) appearing for the Case

Fred I. Sonnenfeld, New York City, for plaintiff.

Havens, Wandless, Stitt & Tighe, New York City, for defendants William Ashplant, F. B. Ashplant and F. B. Ashplant & Co.

Cravath, Swaine & Moore, New York City, for defendant Scantlin Electronics, Inc.

LASKER, District Judge.

All defendants move under Rule 56 of the Federal Rules of Civil Procedure for summary judgment as to the third and fourth counts of the complaint herein. In addition, the Ashplant defendants move for leave to file a third-party complaint against defendant Scantlin.

The third count of the complaint alleges that defendant Scantlin Electronics, Inc. ("Scantlin") violated §§ 5, 12 and 17 of the Securities Act of 1933, 15 U.S.C...

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