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JEZARIAN v. CSAPO

No. 72 Civ. 1671. MDL-126.

479 F.Supp. 469 (1979)

Gregory JEZARIAN, Geraldine Jezarian, and Lonetown Company, Plaintiffs, v. Frank CSAPO, E. A. Bartz, John W. Castellucci, Richard Karkow, Theodore Kheel, Paul M. Kuveke, Jr., C. W. Marshall, Edwin J. Schulz, Harper Sibley, Jr., David Stirling, Jr., William G. Stirling, Estate of David Stirling, Sr., Carl L. Wren, Harold M. Yanowitch, Peat, Marwick, Mitchell & Co., Merrill Lynch, Pierce, Fenner & Smith, Inc., Chemical Bank, and Harris, Kerr, Forster & Co., Defendants.

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

October 29, 1979.

Attorney(s) appearing for the Case

Pomerantz Levy Haudek & Block, New York City, for plaintiffs, by Robert B. Block, New York City.

Brown, Wood, Ivey, Mitchell & Petty, New York City, for defendant Merrill Lynch, Pierce, Fenner & Smith, Inc.; E. Michael Bradley, A. Robert Pietrzak, New York City, of counsel.

Cahill, Gordon & Reindel, New York City, for defendant Peat, Marwick, Mitchell & Co.; Ralph C. Menapace, Jr., New York City, of counsel.

Olwine, Connelly, Chase, O'Donnell & Weyher, New York City, for defendant Harris, Kerr, Forster & Co.; James E. Tolan, Bruce E. Pindyck, New York City, of counsel.

OPINION

BONSAL, District Judge.

After more than seven years of litigation in these consolidated actions, a Stipulation of Settlement dated May 23, 1979 between the class plaintiffs and three of the defendants, Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Merrill Lynch"), Peat, Marwick, Mitchell & Co. ("Peat, Marwick"), and Harris, Kerr, Forster & Co. ("Harris, Kerr") and a Plan for Distribution prepared by plaintiffs' attorneys pursuant to the...

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