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FEDERMAN v. EMPIRE FIRE AND MARINE INS. CO.

No. 273, Docket 77-7232.

597 F.2d 798 (1979)

Herbert FEDERMAN et al., Plaintiffs, v. EMPIRE FIRE AND MARINE INSURANCE COMPANY et al., Defendants-Appellees, and Stuart C. Goldberg and Jacob Aschkenasy, Additional Defendants on Cross-Claims, Stuart C. Goldberg, Additional Defendant on Cross-Claims, Appellant.

United States Court of Appeals, Second Circuit.

Decided April 2, 1979.

Attorney(s) appearing for the Case

Harry E. Youtt, Thal & Youtt, New York City, for appellant.

Robert E. Meshel, D'Amato, Costello & Shea, New York City, for appellees Sitomer, Sitomer & Porges, et al.

Susan S. Belkin, New York City (Aranow, Brodsky, Bohlinger, Benetar & Einhorn, Anthony L. Tersigni and George Berlstein, New York City, of counsel), for defendants-appellees Empire Fire and Marine Ins. Co., Gary O. Gross and Yale J. Kaplan.

Harold Davis, Davis & Davis, New York City, for additional defendant Jacob Aschkenasy.

Before LUMBARD, WATERMAN and VAN GRAAFEILAND, Circuit Judges.

WATERMAN, Circuit Judge:

On May 31, 1972, Empire Fire and Marine Insurance Company, pursuant to a registration statement and prospectus filed with the Securities and Exchange Commission [SEC], made a public offering of 500,000 shares of common stock. The law firm of Sitomer, Sitomer & Porges [Sitomer] was retained by Empire to prepare the registration statement and prospectus for the offering. Stuart C. Goldberg, an attorney with the Sitomer firm, assisted to...

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