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AKERMAN v. ORYX COMMUNICATIONS, INC.

Nos. 106, 230, Dockets 86-7398, 86-7436.

810 F.2d 336 (1987)

Morris AKERMAN and Susan Akerman, Plaintiffs-Appellants, Cross-Appellees, Dr. Lawrence Kuhn, Intervenor-Plaintiff, v. ORYX COMMUNICATIONS, INC., Moore & Schley, Cameron & Co., Robertson Securities Corporation and Laidlaw Adams & Peck, Inc., Defendants-Appellees, Appeal of MOORE & SCHLEY, CAMERON & CO., Robertson Securities Corporation and Laidlaw Adams & Peck, Inc., Defendants-Appellees, Cross-Appellants.

United States Court of Appeals, Second Circuit.

Decided January 26, 1987.

Attorney(s) appearing for the Case

Jules Brody, New York City (Edwin J. Mills, Stull, Stull & Brody, New York City, of counsel), for plaintiffs-appellants, cross-appellees.

Jeffrey A. Fillman, New York City (Finley, Kumble, Wagner, Heine, Underberg, Manley, Meyerson & Casey, New York City, of counsel), for defendant-appellee Oryx Communications, Inc.

William F. Koegel, New York City (Peter Kimm, Jr., Rogers & Wells, New York City, of counsel), for defendants-appellees-cross-appellants Moore & Schley, Cameron & Co., Robertson Securities Corp. and Laidlaw, Adams & Peck, Inc.

Before VAN GRAAFEILAND, MESKILL and NEWMAN, Circuit Judges.

MESKILL, Circuit Judge:

Plaintiffs Morris and Susan Akerman and Dr. Lawrence Kuhn appeal from an order of the United States District Court for the Southern District of New York, Sofaer, J., granting summary judgment disposing of their claims under section 11 of the Securities Act of 1933 (Act) against defendants Oryx Communications, Inc. ("Oryx" or "issuer"), Moore & Schley, Cameron & Co., Robertson Securities...

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