LIPSIG v. NATIONAL STUDENT MARKETING CORP.

Nos. 78-1998, 78-1999 and 78-2000.

663 F.2d 178 (1980)

Mildred LIPSIG, et al. v. NATIONAL STUDENT MARKETING CORPORATION, et al. Louis W. BIEGLER and Biegler Foundation, Appellants, v. POMERANTZ, HAUDEK, LEVY & BLOCK, a Partnership, et al. (three cases). Louis GARBER, et al. v. Cortes W. RANDELL, et al. Domenick L. NATALE v. NATIONAL STUDENT MARKETING CORPORATION, et al.

United States Court of Appeals, District of Columbia Circuit.

Decided December 5, 1980.


Attorney(s) appearing for the Case

Frank J. Delany, Washington, D. C., with whom S. Churchill Elmore, Washington, D. C., was on the brief, for appellants.

William E. Haudek, New York City, with whom Julius Levy and Stephen P. Hoffman, New York City, were on the brief, for appellees, Pomerantz, Haudek, Levy, and Block.

James E. Tolan, New York City, with whom John Logan O'Donnell, Charles M. McCaghey, Bruce E. Pindyck and Christopher Brady, New York City, were on the brief, for appellees, National Student Marketing Corporation, et al.

Ross O'Donoghue, Washington, D. C., entered an appearance for appellee, Michael Monroe.

Before ROBINSON and MIKVA, Circuit Judges, and FLANNERY, United States District Judge for the District of Columbia.


Opinion PER CURIAM.

PER CURIAM:

This appeal emanates from consolidated class actions against National Student Marketing Corporation and others originating in the early 1970's on allegations of securities fraud perpetrated by dissemination of false and misleading information concerning National's financial condition.1 A settlement in 1974 resolved the class claims against National, but left the potential liabilities of other parties...

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