GARBER v. RANDELL

Nos. 743, 766, Dockets 72-1820, 73-1339.

477 F.2d 711 (1973)

Louis GARBER, Plaintiff-Appellee, v. Cortes W. RANDELL et al., Defendants-Appellees. Mildred LIPSIG et al., Plaintiffs-Appellees, v. NATIONAL STUDENT MARKETING CORPORATION et al., Defendants-Appellees. Domenick L. NATALE, Plaintiff-Appellee, v. NATIONAL STUDENT MARKETING CORPORATION et al., Defendants-Appellees, and White & Case, Defendant-Appellant.

United States Court of Appeals, Second Circuit.

Decided April 9, 1973.


Attorney(s) appearing for the Case

Edwin J. Wesely, New York City (Peter H. Kaminer, Winthrop, Stimson, Putnam & Roberts, New York City, of counsel), for defendant-appellant, White & Case.

Julius Levy, New York City (Abraham L. Pomerantz, New York City, of counsel), for plaintiffs-appellees.

John Logan O'Donnell, New York City (Charles M. McCaghey, Jonathan C. Lane, Olwine, Connelly, Chase, O'Donnell & Weyher, New York City, of counsel), for defendant-appellee National Student Marketing Corp.

William E. Hegarty, New York City (David R. Hyde, Mathias E. Mone, Cahill, Gordon, Sonnett, Reindel & Ohl, New York City, of counsel), for plaintiff-appellee, Peat, Marwick, Mitchell & Co.

Ronald P. Wertheim, Washington, D. C. (David Ginsburg, Lee R. Marks, Ginsburg, Feldman & Bress, Washington, D. C., of counsel), for plaintiff-appellee, Cameron Brown.

Before LUMBARD, KAUFMAN and MANSFIELD, Circuit Judges.


MANSFIELD, Circuit Judge:

In these three consolidated class and derivative suits by stockholders of National Student Marketing Corp. et al. ("NSM" herein),1 which allege violations of the federal securities laws on the part of some 58 defendants, the law firm of White & Case ("W & C" herein), originally named as a defendant in one suit only (the Natale action), appeals from two...

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