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SCHLANGER v. FOUR-PHASE SYSTEMS, INC.

No. 81 Civ. 7798 (CLB).

582 F.Supp. 128 (1984)

Murray SCHLANGER, Plaintiff, v. FOUR-PHASE SYSTEMS, INC., et al., Defendants.

United States District Court, S.D. New York.

March 6, 1984.

Attorney(s) appearing for the Case

Max W. Berger and Daniel Berger of Bernstein, Litowitz, Berger & Grossman, New York City, for plaintiff.

Garrett Johnson of Kirkland & Ellis, Chicago, Ill., for defendant.

MEMORANDUM OPINION AND ORDER

BRIEANT, District Judge.

By motion filed October 14, 1983 and fully submitted for decision on November 22, 1983, defendants in this class action, brought under § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), Rule 10b-5 of the Securities and Exchange Commission, 17 C.F.R. § 240.10b-5, and state common law, seek summary judgment in their favor on the ground that the undisputed facts establish...

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