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OXFORD FIRST CORP. v. PNC LIQUIDATING CORP.

Civ. A. No. 72-2364.

372 F.Supp. 191 (1974)

OXFORD FIRST CORPORATION and Lease/Auto Plan, Inc. v. PNC LIQUIDATING CORPORATION et al.

United States District Court, E. D. Pennsylvania.

March 6, 1974.

Attorney(s) appearing for the Case

Blank, Rome, Klaus & Comisky, Goncer M. Krestal, William E. Taylor, III, Gilbert Stein, Philadelphia, Pa., for plaintiffs.

Ruffo, Ferrari & McNeil, Thomas P. O'Donnell, San Jose, Cal., John T. Clary, Philadelphia, Pa., for St. Claire defendants.

OPINION

EDWARD R. BECKER, District Judge.

I. Preliminary Statement

This is a securities fraud case in which the plaintiffs seek to recover damages because of alleged material misrepresentations made in a complex financial transaction which is detailed below.1 Defendants William C. Duncan, Jr., Barbara Pabst Duncan, Donald G. Pabst and William D. Pabst (hereinafter referred to collectively as the St. Claire defendants...

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