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SEIDEN v. PRICE WATERHOUSE & CO.

No. 70 Civ. 4704.

327 F.Supp. 1325 (1971)

Murray R. SEIDEN and Kate Seiden, Plaintiffs, v. PRICE WATERHOUSE & CO., Defendant.

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

May 19, 1971.

Attorney(s) appearing for the Case

Rubin, Wachtel, Baum & Levin, New York City, for plaintiffs; Martin A. Coleman, Stanley L. Sklar, Carl R. Aron, New York City, of counsel.

Cravath, Swaine & Moore, New York City, for defendant; John R. Hupper, Paul M. Dodyk, J. Barclay Collins, New York City, of counsel.

MEMORANDUM

BONSAL, District Judge.

Plaintiffs, Murray and Kate Seiden, sue defendant, Price Waterhouse & Co., the certified public accountants for Performance Systems, Inc. ("PSI") on behalf of themselves and representatively on behalf of all persons who purchased shares of the common stock of PSI (formerly known as Minnie Pearl's Chicken Systems, Inc.) between February 21, 1969 and July 31, 1970. Plaintiffs' action arises under Section 10(b) of the...

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