GOEL v. HELLER

Civ. A. No. 86-5046.

667 F.Supp. 144 (1987)

Anant B. GOEL and Zarina Goel, Plaintiffs, v. Steven B. HELLER, James J. Edgette, First Century Company, First Century Partnership II, Smith Barney Harris Upham Co., Defendants.

United States District Court, D. New Jersey, Newark Division.

April 15, 1987.


Attorney(s) appearing for the Case

Clayton E. Dickey, Edward A. McConwell, Overland, Kan. and Stryker, Tams & Dill by Burtis W. Horner, Newark, N.J., for plaintiffs.

Fried, Frank, Harris, Shriver & Jacobson by Milton Eisenberg and Jack B. Gordon, Washington, D.C., and Sills, Beck, Cummis, Zuckerman, Radin, Tischman & Epstein by Phillip R. Sellinger, Newark, N.J., for defendants Smith Barney and First Century.

Schmeltzer, Aptaker & Sheppard by Stephen Horn, Washington, D.C., Gibson, Dunn & Crutcher by Wesley G. Howell, Jr., Washington, D.C., and Saiber, Schlesinger, Satz & Goldstein by Robin Horn, Newark, N.J., for defendants Heller and Edgette.


OPINION

BARRY, District Judge.

Introduction

Plaintiffs, Anant B. Goel and his wife Zarina,1 bring this action against individual defendants Steven B. Heller and James J. Edgette, and the investment firm of Smith Barney, Harris Upham & Company and two related companies, First Century Company and First Century Partnership II (the "Smith Barney group"), alleging, in essence, three causes of action; fraud, civil...

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