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ANTINOPH v. LAVERELL REYNOLDS SECURITIES, INC.

Civ. A. No. 88-3664.

703 F.Supp. 1185 (1989)

Janice ANTINOPH, Florence Budovitch, Pat Chalphin, Harold Edelson, Rita Edelson, Miriam Epstein, Lynett Watson, George Watson and Linda Watson, Plaintiffs, v. LAVERELL REYNOLDS SECURITIES, INC., Judson D. Laverell, Roger A. Reynolds, Mark Siemon and Broadcort Capital Corp., Defendants.

United States District Court, E.D. Pennsylvania.

January 17, 1989.

Attorney(s) appearing for the Case

Alan K. Cotler, Gerald Chalphin, Richard S. Schlegel, Pepper Hamilton & Scheetz, Philadelphia, Pa., for plaintiffs.

Thomas J. Ziomek, Peter J. Mooney, Charles V. Stoelker, Jr., Philadelphia, Pa., for Laverell Reynolds Securities, Inc., Judson D. Laverell, Roger A. Reynolds.

David C. Franceski, Jr., Stradley, Ronon, Stevens & Young, Philadelphia, Pa., for Broadcort Capital Corp.

Charles V. Stoelker, Jr., Meehan and Stoelker, Philadelphia, Pa., for Mark Siemon, Broadcort Capital Corp.

MEMORANDUM AND ORDER

HUTTON, District Judge.

Plaintiffs seek recovery of approximately $400,000 in damages for securities which they purportedly lost because of the fraudulent practices and securities laws violations of the defendants. Pending before this court are motions by the Laverell firm, Judson D. Laverell and Roger A. Reynolds (hereinafter referred to as the "Laverell defendants") and Broadcort Corp. (hereinafter referred to as "Broadcort"), to dismiss...

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