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FELDMAN v. SIMKINS INDUSTRIES, INC.

No. C-78-0380-WWS.

492 F.Supp. 839 (1980)

Joseph D. FELDMAN, on behalf of himself and all others similarly situated, Plaintiff, v. SIMKINS INDUSTRIES, INC. and Bear, Stearns & Co., Defendants.

United States District Court, N. D. California,

June 19, 1980.

Attorney(s) appearing for the Case

David L. Braverman, David B. Gold, A Professional Law Corp., San Francisco, Cal., for plaintiff.

Michael R. Jencks, John St. John, Armour, St. John, Wilcox & Goodin, San Francisco, Cal., Paul R. Rosen, Spector, Cohen, Hunt & Rosen, P. C., Philadelphia, Pa., for defendants.

MEMORANDUM OF OPINION AND ORDER

WILLIAM W SCHWARZER, District Judge.

Plaintiff Joseph D. Feldman brought this action against Simkins Industries, Inc. ("Simkins") and a brokerage house, Bear, Stearns & Co. ("Bear, Stearns") for violations of § 17(a) of the Securities Act of 1933 ("Securities Act") (15 U.S.C. § 77q(a)),1 § 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") (15 U.S.C. 78j) and its implementing...

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