Milton and Ellen FORMAN et al., Plaintiffs,
v.
COMMUNITY SERVICES, INC., et al., Defendants.
United States District Court, S. D. New York.https://leagle.com/images/logo.png
September 6, 1973.
September 6, 1973.
Attorney(s) appearing for the Case
George Berger, Phillips, Nizer, Benjamin, Krim & Ballon, New York City, for plaintiffs.
Martin London, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendants Community Services, Inc., United Housing Foundation, Harold Ostroff, Robert Szold, Milton Altman, George Schechter, Anthony Marino, Irving Alter, Julius Goldberg, and Paul Kramer.
Alan G. Blumberg, Szold, Brandwen, Meyers & Altman, New York City, for defendants Szold, Altman, Alter.
David Peck, Sullivan & Cromwell, New York City, for Riverbay Corp.
Louis J. Lefkowitz, Atty. Gen. of the State of New York by Daniel M. Cohen, Asst. Atty. Gen., New York City, for defendants State of New York and New York State Housing Finance Agency.
United States District Court, S. D. New York.
OPINION AND ORDER
PIERCE, District Judge.
This action has been commenced by 57 residents of Co-op City,1 a low-middle income cooperative housing project located in the Borough of the Bronx, New York City. They sue on behalf of themselves and all other residents of Co-op City, alleging, among other things, violations of the anti-fraud provisions of the Securities Exchange Act of 1934...
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