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PANAYOTOPULAS v. CHEMICAL BANK

No. 78 Civ. 565 (VLB).

464 F.Supp. 199 (1979)

Kemper Penney PANAYOTOPULAS, Plaintiff, v. CHEMICAL BANK et al., Defendants.

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

January 11, 1979.

Attorney(s) appearing for the Case

Schwenke & Devine, New York City, for plaintiff.

Zalkin, Rodin & Goodman, New York City, for defendants.

MEMORANDUM ORDER

BRODERICK, District Judge.

I

Defendant Chemical Bank ("defendant") seeks dismissal, pursuant to Rule 12, Fed.R. Civ.P., of plaintiff's cause of action charging defendant with violation of Section 7 of the Securities & Exchange Act of 19341 ("the Act") and Regulation U2 promulgated thereunder.

Defendant challenges...

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