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SLADE v. SHEARSON, HAMMILL & CO., INC.

Nos. 72 Civ. 4779, 72 Civ. 4930.

356 F.Supp. 304 (1973)

Renee SLADE, Plaintiff, v. SHEARSON, HAMMILL & CO., INC., Defendant. Edward E. ODETTE, Plaintiff, v. SHEARSON, HAMMILL & CO., INC., Defendant.

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

February 26, 1973.

Attorney(s) appearing for the Case

Mordecai Rosenfeld, New York City for plaintiff Slade.

R. Alan Stotsenburg, New York City for plaintiff Odette.

Dewey, Ballantine, Bushby, Palmer & Wood, of New York City for defendant; Russel Beatie, Jr., New York City, of counsel.

ROBERT L. CARTER, District Judge.

MEMORANDUM OPINION

The present action represents the consolidation previously ordered by this court of Slade v. Shearson, Hammill & Co., 72 Civ. 4779 and Odette v. Shearson, Hammill & Co., 72 Civ. 4930. In both actions plaintiff classes complained that Shearson, as investment banker to Tidal Marine International Corp., came into possession of material adverse information...

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