GLUCK v. AMICOR, INC.

No. 79 Civ. 2586(HFW).

487 F.Supp. 608 (1980)

Robert GLUCK et al., Plaintiffs, v. AMICOR, INCORPORATED et al., Defendants.

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

April 14, 1980.


Attorney(s) appearing for the Case

Gordon, Hurwitz, Butowsky, Baker, Weitzen & Shalov, New York City, by Steven A. Coploff, New York City, of counsel and Foley, Hoag & Eliot, Boston, Mass., by William J. Cheeseman, Peter M. Rosenblum, Boston, Mass., of counsel, for plaintiffs.

Burns, Jackson, Miller, Summit & Jacoby, New York City, by Stuart A. Summit, Guy R. Fairstein, New York City, of counsel, for defendants Amicor Incorp., Mark Auerbach, Robert C. Dean, Jr., Francis F. Fabian, Jr., Richard J. Grosh, Charles A. Macaluso and Jack H. Vollbrecht.

Sullivan & Cromwell, New York City, by Michael A. Cooper, Richard G. Lyon, Charles E. Wilson, New York City, of counsel, for defendant Deloitte Haskins & Sells.

Tucker & Globerman, New York City, by Michael H. Goldberg, New York City, of counsel, for defendant Arthur Cantor.


OPINION

WERKER, District Judge.

This securities action was commenced by the plaintiffs Robert Gluck and Jerome Preston, Jr. as trustees of three litigation trusts against the defendants1 for alleged violations of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5.2 All of the defendants who have been served...

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