BERKOWITZ v. MAYFLOWER SEC., INC.


455 Pa. 531 (1974)

Berkowitz, Appellant, v. Mayflower Securities, Inc.

Supreme Court of Pennsylvania.

March 25, 1974.


Attorney(s) appearing for the Case

Donald M. Bowman, with him Gold, Bowman and Korman, for appellant.

Marvin Katz, for appellee.

Before JONES, C.J., EAGEN, O'BRIEN, ROBERTS, POMEROY, NIX and MANDERINO, JJ.


OPINION BY MR. JUSTICE EAGEN, March 25, 1974:

In this action in equity, the chancellor entered an adjudication and decree nisi in favor of the defendant. Plaintiff's exceptions were dismissed, and this appeal followed.

This is the factual background disclosed by the record.

The defendant, a stock brokerage firm in New York City, was the sole underwriter of an original issue of 3i Company — Information Interscience Incorporated [3i Company] common...

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