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BLOCH v. PRUDENTIAL-BACHE SECURITIES

Civ. A. No. 88-935.

707 F.Supp. 189 (1989)

Claire M. BLOCH, Dante J. Casali, William L. Connelly, Jr. and Shirley J. Connelly, Ursula M. Corso, Robert J. Kuhn, Joseph C. Larkin, and Bernard A. Woods, Plaintiffs, v. PRUDENTIAL-BACHE SECURITIES, Robert M. Kolaczynski, Thomas McKewon, Ronald W. Theoret, Mark Lucero, Horse Power, Inc., Ralph J. Guyton, Sr., Ralph Guyton, Jr., Patrick Guyton, Melvin Pirchesky, Jeffrey W. Letwin, and Finkel, Lefkowitz, Ostrow & Woolridge, Defendants.

United States District Court, W.D. Pennsylvania.

February 28, 1989.

Attorney(s) appearing for the Case

Richard A. Finberg, Ellen M. Doyle, Berger Kapetan Malakoff & Meyers, P.C., Pittsburgh, Pa., for plaintiffs.

Ralph J. Kelly, Philadelphia, Pa., for defendant Prudential-Bache.

Thomas McKewon, pro se.

Richard R. Nelson, II, Pittsburgh, Pa., for Ronald W. Theoret.

S. Michael Streib, Pittsburgh, Pa., for defendant Mark Lucero.

Henry E. Rea, Jr., Pittsburgh, Pa., for defendant Horse Power, Inc. & Guytons.

Leonard Marsico, Pittsburgh, Pa., for defendant Pirchesky.

Arthur J. Murphy, Jr., James R. Schadel, and William R. Haushalter, Pittsburgh, Pa., for defendant Jeffrey Letwin.

Vincent J. Grogan, Kathryn L. Simpson, Pittsburgh, Pa., for defendant Finkel, et al.

MEMORANDUM OPINION

MENCER, District Judge.

The plaintiffs in this action are investors who are asserting securities fraud and RICO claims against the defendants. Prudential-Bache Securities has filed a motion to dismiss based on the statute of limitations, failure to plead fraud with particularity, failure to allege a pattern of racketeering activity, and failure to state a claim. Finkel, Lefkowitz, Ostrow & Woolridge has filed a motion to dismiss based...

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