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  5. 752 F.Supp. 1317 (1990)
 

SCHOLNICK v. SCHECTER

Civ. A. No. 90-CV-71999-DT.

752 F.Supp. 1317 (1990)

Morton L. SCHOLNICK and Stuart G. Freedman, Plaintiffs, v. Robert V. SCHECTER, Inmark Securities Corp., Bluma R. Schecter and Continental Bank, Defendants.

United States District Court, E.D. Michigan, S.D.

December 12, 1990.

Attorney(s) appearing for the Case

D. Michael Kratchman, Evans & Luptak, Detroit, Mich., for plaintiffs.

Philip J. Kessler, Butzel, Logn, Detroit, Mich., for Schecters.

Richard A. Rossman, Pepper, Hamilton, Scheetz, Detroit, Mich., for Continental Bank.

MEMORANDUM OPINION AND ORDER GRANTING IN PART AND DENYING IN PART CONTINENTAL BANK'S MOTION TO DISMISS

FRIEDMAN, District Judge.

This matter is presently before the court on defendant Continental Bank's motion to dismiss for failure to state a claim, filed August 10, 1990. Plaintiffs have filed a response and Continental Bank has filed a reply. The court held a hearing on this motion on September 19, 1990.

I. Background

Plaintiffs...

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