BIESENBACH v. GUENTHER

Civ. A. No. 77-1073.

446 F.Supp. 98 (1978)

Ginn BIESENBACH, Joseph Levin, Henry Sharman and Lisa B. White v. John H. GUENTHER, Jr., A. T. Consoli, Richard E. Hunter, Fred Parquette, Leon Prince and Heidelberg, Inc.

United States District Court, E. D. Pennsylvania.

February 15, 1978.


Attorney(s) appearing for the Case

Joel C. Meredith, Bruce K. Cohen, Meredith, Cohen & Kepler, Philadelphia, Pa., for plaintiffs.

Thomas N. O'Neill, Jr., Jeffrey R. Lerman, Montgomery, McCracken, Walker & Rhoads, Philadelphia, Pa., for defendants.


MEMORANDUM

RAYMOND J. BRODERICK, District Judge.

This case presents a question concerning the reach of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. § 240.10b-5, promulgated thereunder. Before the Court is defendants' motion to dismiss plaintiffs' amended complaint pursuant to Fed.R. Civ.P. 12(b)(6). For the reasons hereinafter set forth, defendants' motion will be granted.

Plaintiffs...

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