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REDSTONE v. GOLDMAN, SACHS & CO.

Civ. A. No. 83-414-S.

583 F.Supp. 74 (1984)

Sumner M. REDSTONE, et al., Plaintiffs, v. GOLDMAN, SACHS & CO., et al., Defendants.

United States District Court, D. Massachusetts.

January 5, 1984.

Attorney(s) appearing for the Case

Barry Ravech, Winer & Abrams, Boston, Mass., for plaintiffs.

Peter M. Saparoff, Gaston Snow & Ely Bartlett, Boston, Mass., for defendants.

MEMORANDUM AND ORDER

SKINNER, District Judge.

This is an action for securities fraud and conversion. The defendant has moved to dismiss and to strike counts of the complaint. The motion is allowed in part and denied in part as set out below.

The plaintiffs, the Redstones, are investors who wished to invest some five million dollars in municipal securities in the summer of 1982. The Redstones sought the...

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