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UNITED STATES v. AMREP CORP.

No. 75 Cr. 1023 (CMM).

405 F.Supp. 1053 (1976)

UNITED STATES of America, v. AMREP CORPORATION et al., Defendants.

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

January 15, 1976.

Attorney(s) appearing for the Case

Thomas J. Cahill, U. S. Atty., S. D. N. Y., New York City, for the United States; Naomi Reice Buchwald, Asst. U. S. Atty., New York City, of counsel.

Proskauer, Rose, Goetz & Mendelsohn, New York City, for defendant Amrep Corp.; Morton M. Maneker, New York City, of counsel.

METZNER, District Judge.

Amrep Corporation (Amrep), a defendant in this criminal proceeding, moves for a stay of all proceedings presently pending against it before the Federal Trade Commission (the Commission).

The indictment names seven individual and three corporate defendants and charges, in essence, a conspiracy to defraud purchasers of lots in Rio Rancho Estates in an amount exceeding $200,000,000. It consists of 42 pages alleging 70 violations of the...

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