Plaintiff Columbia Asset Management Corporation is a securities broker licensed to perform in such capacity in New York, Pennsylvania, Florida and New Jersey. Defendant Emerson Equities is a real estate investment joint venture consisting of defendants Emerson Radio Corporation, James F. Moscowitz and David Smith. In 1986 the parties entered into an agreement designating the plaintiff to act as a soliciting broker-dealer for real estate syndications created by Emerson Equities...
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