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ROONEY PACE, INC. v. REID

No. 84 Civ. 0471 (EW)

605 F.Supp. 158 (1985)

ROONEY PACE, INC., Plaintiff, v. Thomas W. REID, Armond Zaccaria and Jerry Phillips, Defendants.

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

March 22, 1985.

Attorney(s) appearing for the Case

Sage, Gray, Todd & Sims, New York City, for plaintiff; John F.X. Peloso, New York City, of counsel.

Mendes & Mount, New York City, for defendant Jerry Phillips; James A. McGuire, New York City, of counsel.

OPINION

EDWARD WEINFELD, District Judge.

Plaintiff, Rooney Pace, Inc. ("Rooney Pace"), a brokerage house, brings this action alleging that defendants, Thomas W. Reid ("Reid"), Armond Zaccaria ("Zaccaria"), and Jerry Phillips ("Phillips"), engaged in a conspiracy to manipulate the market for securities of Threshold Technology, Inc. ("Threshold") and First City Properties, Inc. ("FCP") in violation of RICO1 as well as sections...

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