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WELCH FOODS INC. v. GOLDMAN, SACHS & CO.

No. 70 Civ. 4811.

398 F.Supp. 1393 (1974)

WELCH FOODS INC. et al., Plaintiffs, v. GOLDMAN, SACHS & CO., Defendant.

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

September 30, 1974.

Attorney(s) appearing for the Case

Pollack & Singer, New York City, for plaintiffs.

Sullivan & Cromwell, New York City, for defendant.

MEMORANDUM AND ORDER

BRIEANT, District Judge.

Plaintiffs, Welch Foods Inc. ("Welch"), a New York corporation, C. R. Anthony Company ("Anthony"), an Oklahoma corporation, and Younker Brothers, Inc. ("Younkers"), a Delaware corporation with its principal place of business in Iowa, allege that in 1970, defendant Goldman, Sachs & Co. sold Penn Central Transportation Company promissory notes ("Penn Central") to them and in so doing violated § 12(2) and...

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