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MECHIGIAN v. ART CAPITAL CORP.

No. 84 Civ. 4617 (KTD).

639 F.Supp. 702 (1986)

Robert Saks MECHIGIAN, on behalf of himself and all other investors similarly situated, Plaintiff, v. ART CAPITAL CORP., Marigold Enterprises, Inc., American Contemporary Art, Inc., Notar Services Corp., Harris Shapiro, Marilyn Goldberg, Harry Gurwitch, Joseph P. Notaro, Sigmund Rothschild, F. Peter Rose, Joseph Gandolfo, and Harry J. Schaare, Defendants.

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

July 10, 1986.

Attorney(s) appearing for the Case

Wayne O. Alpern, New York City, for plaintiff.

Leonard, Kenny & Stearns, New York City, for defendant Joseph Gandolfo; James M. Leonard of counsel.

Booth, Lipton & Lipton, New York City, for defendants Harris Shapiro, Art Capital Corp., Sigmund Rothschild, F. Peter Rose, and Harry Gurwitch; H. Adam Prussin of counsel.

Robert M. Simels, P.C., New York City, for defendants Marigold Enterprises, Ltd. and Marilyn Goldberg.

MEMORANDUM & ORDER

KEVIN THOMAS DUFFY, District Judge:

Plaintiff, Robert Saks Mechigian, originally brought this action alleging (1) conspiracy to fraudulently induce investment; (2) violation of state securities laws; (3) violation of federal securities laws; (4) fraud, misrepresentation, and deceit; (5) innocent misrepresentation; (6) negligence; (7) breach of fiduciary duty; and (8) breach of contract. By Memorandum & Order dated June 25, 1985...

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