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HEALEY v. CHELSEA RESOURCES LTD.

No. 88 Civ. 6957 (RLC).

736 F.Supp. 488 (1990)

John A. HEALEY, Plaintiff, v. CHELSEA RESOURCES LTD., Dominick & Dominick Securities, Inc. and Dominick & Dominick, Inc., Defendants.

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

April 24, 1990.

Attorney(s) appearing for the Case

Whitman & Ransom, New York City (Michael S. Press, Michael G. Carey, Philip M. Smith, of counsel), for plaintiff.

Cadwalader, Wickersham & Taft, New York City (Gregory M. Petrick, of counsel) for defendants Dominick & Dominick Securities, Inc. and Dominick & Dominick, Inc.

ROBERT L. CARTER, District Judge.

"O accurst craving for gold." — Virgil, Aeneid, Bk. III, 1. 57

This case arises out of an ill-fated attempt to resurrect a historical Montana gold mine, the Spotted Horse. Investorturned-plaintiff John A. Healey alleges violations of § 12(2) of the Securities Act of 1933 (the "1933 Act"), 15 U.S.C. § 77l(2), § 10(b) of the Securities Exchange...

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