METROPOLITAN SECURITIES v. OCCIDENTAL PETROLEUM

No. 88 Civ. 0179 (RWS).

705 F.Supp. 134 (1989)

METROPOLITAN SECURITIES and Duncan C. Crawford, Plaintiffs, v. OCCIDENTAL PETROLEUM CORPORATION, MidCon Corp., and OPCO Acquisition Corp., Defendants.

United States District Court, S.D. New York.

January 13, 1989.


Attorney(s) appearing for the Case

Christopher Lovell, P.C., New York City (Christopher Lovell, of counsel), for plaintiffs.

Phillips, Nizer, Benjamin, Krim & Ballon, New York City (Louis Nizer, Alan Mansfield, Loretta Gastwirth, Joel Mitnick, of counsel), for defendants.


OPINION

SWEET, District Judge.

Defendants Occidental Petroleum Corporation ("Occidental"), OPCO Acquisition Corporation ("OPCO") and MidCon Corp. ("MidCon") have moved pursuant to Fed.R. Civ.P. Rule 12(b)(6) to dismiss the Amended Complaint (the "Complaint") of plaintiffs Metropolitan Securities ("Metropolitan") and Duncan C. Crawford ("Crawford") (together "Metropolitan") for failure to state a claim on which relief can be granted. Alternatively, defendants...

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