MARKEWICH v. ADIKES

No. 75 C 1349.

422 F.Supp. 1144 (1976)

Robert MARKEWICH, as Trustee for Judith Markewich, Plaintiff, v. Park T. ADIKES et al., Defendants.

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

November 29, 1976.


Attorney(s) appearing for the Case

Ira Jay Sands, New York City, for plaintiff.

Moses & Singer, New York City, for defendant Bankers Trust, BT Advisors, Inc., Sackman-Gilliland Corp.

Cahill, Gordon & Reindel, New York City, for defendant Peat, Marwick, Mitchell & Co.

Keane & Butler, New York City, for defendant BT Mortgage Investors.

White & Case, New York City, for defendant Adikes, Pfeiffer, Lawrence, Quinn, Pfeiffer, Quinn, Shaw, Upjohn & Moskin.


MEMORANDUM AND ORDER

GEORGE C. PRATT, District Judge.

Plaintiff, alleged purchaser of "shares of beneficial interest" in BT Mortgage Investors (BTMI), bases his complaint on the charge that the defendants entered into a plan to conceal from BTMI shareholders and the investing public the true financial condition of BTMI in violation (1) of sections 10(b) and 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j & 78n, and the rules...

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