MARSHALL ASSOCIATES, INC. v. LITE-TRONICS, INC.

Civ. A. No. 73-542.

372 F.Supp. 905 (1974)

MARSHALL ASSOCIATES, INC. v. LITE-TRONICS, INC.

United States District Court, W. D. Pennsylvania.

April 3, 1974.


Attorney(s) appearing for the Case

J. Tomlinson Fort, William P. Hackney, Reed, Smith, Shaw & McClay, Pittsburgh, Pa., for plaintiff.

Lynch, Lynch & Carr, Pittsburgh, Pa., for defendant.


OPINION AND ORDER

GOURLEY, District Judge.

In this civil non-jury proceeding, diversity jurisdiction and the required jurisdictional amount are present as well as jurisdiction premised on § 27 of the Securities Exchange Act of 1934, 15 U. S.C.A. § 78aa. Plaintiff, asserting fraud and misrepresentation by defendant, seeks rescission of a contract which it entered with defendant and the return of 2,500 shares of common stock of Rite-Lite Corporation...

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