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DUBAN v. PRO-TECH PROGRAMS, INC.

No. 77 Civ. 840.

441 F.Supp. 467 (1977)

Roberta DUBAN, Gene Penkos, Catherine Penkos and Salvatore Vasile, individually and as members of a class, Plaintiffs, v. PRO-TECH PROGRAMS, INC., Sol Rosen, Philip Schaum, Smith, Jackson & Co., Inc., Stephen Smith, Norman S. Rein, Harold M. Tract, Maurice Mound, Alan John Rein, Eugene Leiman, Ernest E. Rosenberg, Rein, Mound & Cotton, Defendants.

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

September 12, 1977.

Attorney(s) appearing for the Case

Feiner, Chernis, Curtis & Goldman by Paul Chernis, New York City, for plaintiffs.

Leinwand, Maron, Hendler & Krause by Harris D. Leinwand, New York City, for Pro-Tech Programs, Inc.

MEMORANDUM OPINION AND ORDER

MOTLEY, District Judge.

This is a complaint by four plaintiffs, individually and on behalf of a class, seeking damages for violation of the federal securities laws, common law negligence and for violation of § 352-c of the New York General Business Law.1 The essence of their claim is that the corporate defendant (through its subsidiary, Vigilante...

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