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WECHSLER v. STEINBERG

No. 645, Docket 83-7630.

733 F.2d 1054 (1984)

Stuart M. WECHSLER and Eric Rosenfeld, Plaintiffs-Appellants, v. Saul P. STEINBERG, Bernard L. Schwartz, Henry A. Sweetbaum, Frederick A. Jackson, John T. Leatham, Julius Steinberg, Robert B. Hodes, Thomas J. Stanton, Jr., Henry W. Meers, Touche, Ross, Baily & Smart, a partnership, and Leasco Data Processing Equipment Corporation, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided May 7, 1984.

Attorney(s) appearing for the Case

Jared Specthrie, New York City (Arthur Wyler Mercado, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, on brief), for plaintiffs-appellants.

Anthony F. Phillips, New York City (Philippe M. Salomon, Jeanne M. Luboja, Eric S. Hutner, Willkie, Farr & Gallagher, New York City, on brief), for defendant-appellee Leasco Data Processing Equipment Corporation and the individual defendants-appellees.

Rosenman, Colin, Freund, Lewis & Cohen, New York City (Arnold I. Roth, Arthur S. Linker, Alan L. Doochin, New York City, on brief), for defendant-appellee Touche Ross & Co.

Before FEINBERG, Chief Judge, and VAN GRAAFEILAND and KEARSE, Circuit Judges.

KEARSE, Circuit Judge:

Class action plaintiffs Stuart M. Wechsler and Eric Rosenfeld appeal from a judgment of the United States District Court for the Eastern District of New York, Mark A. Costantino, Judge, dismissing their complaint charging defendants Leasco Data Processing Equipment Corp. ("Leasco"), certain of its officers and directors, and its auditors, Touche, Ross, Baily & Smart ("Touche Ross"), with having omitted or approved the omission of...

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