LIPTON v. DOCUMATION, INC.

No. 80-555-Orl-Civ-EK.

590 F.Supp. 290 (1982)

David A. and Sylvia S. LIPTON, Plaintiffs, v. DOCUMATION, INCORPORATED, et al., Defendants.

United States District Court, M.D. Florida, Orlando Division.

December 1, 1982.


Attorney(s) appearing for the Case

Robert Kornreich, Wolf, Popper, Ross, Wolf & Jones, New York City, Thomas Tew, Tew, Critchlow, Sonberg, Traum & Friedbauer, Miami, Fla., for plaintiffs.

Edward M. Waller, Jr., Diana L. Fuller, Fowler, White, Gillen, Boggs, Villareal, Tampa, Fla., Lawrence G. Mathews, Jr., Fawsett, Smith, MacKinnon & Matthews, Davisson F. Dunlap, Carlton, Fields, Ward, Emmanuel, Smith & Cutler, Orlando, Fla., Peter Webster, Bedell, Bedell, Dittmar & Zehmer, Jacksonville, Fla., Jeffrey B. Rudman, Hale & Dorr, Bernard J. Bonn, III, Testa, Hurwitz & Thibeault, Boston, Mass., R. Lee Bennett, Piersol, Boroughs, Grimm & Bennett, Orlando, Fla., Herbert F. Kozlov, Kenneth A. Plevan, Skadden, Arps, Slate, Meagher & Flom, New York City, for defendants.


MEMORANDUM AND ORDER

KOVACHEVICH, District Judge.

By their Amended and Supplemental Class Action Complaint ("complaint"), plaintiffs seek to assert a class action claim pursuant to Section 10(b) of the Securities Exchange Act of 1934 [15 U.S.C. § 78j(b)] and Securities and Exchange Commission Rule 10b-5, as well as various pendent state claims. The plaintiffs concede that their federal securities law claim is based on what has become known as the "fraud...

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