Vivian G. BERNSTEIN, as custodian for Jamie A. Bernstein, Karen Kaun, Duncan Hoffman, John Papastamatakis, and Lawrence Lyon, individually and on behalf of all others similarly situated, Plaintiffs,
v.
CRAZY EDDIE, INC., Eddie Antar, Sam Antar, Mitchell Antar, Eddy Antar, Sam E. Antar, Solomon E. Antar, David V. Panoff, Isaac Kairey, Steve Pasquariello, William H. Saltzman, James H. Scott, Jr., Edmond Levy, Carl G. Zimel, David Pardo, Peat Marwick Main & Co., Oppenheimer & Co., Inc., Wertheim & Co., Inc., Bear Stearns & Co., Inc., and Salomon Brothers, Inc., Defendants.
CRAZY EDDIE, INC., Third-party Plaintiff,
v.
Allen ANTAR, Jean Cocchiara, Eddie H. Gindi, Abraham Grinberg, and Kathleen G. Morin, Third-party Defendants.
United States District Court, E.D. New York.https://leagle.com/images/logo.png
December 30, 1988.
December 30, 1988.
Attorney(s) appearing for the Case
Rabin & Sirota (Howard B. Sirota, of counsel), New York City, for plaintiff Kaun.
Stull, Stull & Brody (Jules Brody, of counsel), and Joseph H. Weiss, New York City, for plaintiff Bernstein.
Milberg, Weiss, Bershad, Specthrie & Lerach (David J. Bershad, of counsel), New York City, for plaintiff Hoffman.
Abbey & Ellis (Arthur Abbey, of counsel), New York City, for plaintiff Papastamatakis.
Joseph J. Tabacco, Jr., New York City, for plaintiff Lyon.
Akin, Gump, Strauss, Hauer & Feld (David A. Donohue, of counsel), Washington, D.C., Pryor, Cashman, Sherman & Flynn (James A. Janowitz, of counsel), New York City, for defendant and third-party plaintiff Crazy Eddie, Inc.
Kronish, Lieb, Wiener & Hellman (Justin N. Feldman, of counsel), New York City, for defendant Eddie Antar.
Gersten, Savage, Kaplowitz & Zuckerman (Marvin Gersten, of counsel), New York City, for defendants Sam Antar and Mitchell Antar and third-party defendant Allen Antar.
Friedman & Kaplan (Bruce S. Kaplan, of counsel), New York City, for defendants Eddy Antar, Sam E. Antar, Solomon E. Antar, Isaac Kairey, Edmond Levy, Steven Pasquariello, and Carl G. Zimel and third-party defendant Eddie H. Gindi.
Morrison, Cohen & Singer (Peter H. Morrison, of counsel), New York City, for defendant Panoff.
William H. Saltzman, New Rochelle, N.Y., pro se.
Kelley, Drye & Warren (John P. Marshall, of counsel), New York City, for defendant Scott.
St. John, Oberdorf, Williams, Edington & Curtin (Michael Lampert, of counsel), Newark, N.J., for defendant Pardo.
Shearman & Sterling (Joseph T. McLaughlin, of counsel), New York City, for defendant Peat Marwick Main & Co.
Kaye, Scholer, Fierman, Hayes & Handler (Steven Glassman, of counsel), New York City, for defendant Oppenheimer & Co., Inc.
Weil, Gotshal & Manges (Dennis J. Block, of counsel), New York City, for defendants Salomon Bros., Inc., Bear Stearns & Co., Inc., and Wertheim & Co., Inc.
Shatzkin & Reiss (Howard R. Shatzkin, of counsel), New York City, Eisenberg & Tanchum (David M. Rubin, of counsel), New York City, for third-party defendant Grinberg.
United States District Court, E.D. New York.
MEMORANDUM AND ORDER
NICKERSON, District Judge.
Plaintiffs, purchasers of the common stock of defendant Crazy Eddie, Inc. (Crazy Eddie), brought this action against Crazy Eddie and various of its former officers, directors, accountants, and underwriters. The consolidated and amended complaint (the complaint) asserts claims under the Securities Act of 1933 (the Securities Act), 15 U.S.C. § 77a et seq. (1982 & Supp. IV 1986), the Securities...
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