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LEWIS v. RIKLIS

No. 75 Civ. 6220 (CHT).

446 F.Supp. 582 (1978)

Harry LEWIS, Plaintiff, v. Meshulam RIKLIS and AITS, Inc., Defendants.

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

As Amended February 16, 1978.

Attorney(s) appearing for the Case

Levy & Levy, New York City, for plaintiff; Morris J. Levy, New York City, of counsel.

Rubin, Baum, Levin, Constant & Friedman, New York City, for defendant Riklis; Martin A. Coleman, Toni Robinson, New York City, of counsel.

MEMORANDUM

TENNEY, District Judge.

Plaintiff has moved the Court for summary judgment pursuant to Rule 56 of the Federal Rules of Civil Procedure. For the reasons set forth below, summary judgment is granted in favor of the defendants and the complaint is dismissed.

Plaintiff brought this action under Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b), to recover short-swing profits that the defendant Meshulam Riklis allegedly...

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