FELTMAN v. PRUDENTIAL BACHE SECURITIES

No. 89-2505-CIV-NESBITT.

122 B.R. 466 (1990)

James S. FELTMAN, not individually but as Trustee for First Financial Planning Corporation of South Florida, Inc., and Financial & Investment Planning, Inc., and The Official Unsecured Creditors Committee of First Financial Planning Corporation of South Florida, Inc., and Financial & Investment Planning, Inc., Plaintiffs, v. PRUDENTIAL BACHE SECURITIES, a Delaware corporation, Commercebank, N.A., a National Banking Institution, Thaw, Gopman & Associates, P.A., a Florida Professional Association, Donald Lockshin, an individual, Augusto Sigaretta, an individual, Ronald Thaw, an individual, Henry Gherman, an individual, and John Doe Nos. 1-10, Defendants.

United States District Court, S.D. Florida.

December 6, 1990.


Attorney(s) appearing for the Case

Ross B. Bricker, Miami, Fla., Robert A. Schatzman, Miami, Fla., for Official Unsecured Creditors Committee.

Stephen B. Gillman, Miami, Fla., for Commercebank and Augusto Sigaretta.

Jeffrey A. Blaker, Miami, Fla., for Thaw, Gopman & Associates.

Henry Gherman, pro se.

John D. Boykin, West Palm Beach, Fla., for Prudential Bache Securities and Donald Lockshin.


ORDER OF DISMISSAL

NESBITT, District Judge.

FACTS

In this action, the Chapter 11 trustee ("Trustee") and the unsecured creditors committee ("Committee") of two bankrupt, sham corporations, First Financial Planning Corporation of South Florida, Inc. ("FFP") and Financial & Investment Planning Inc. ("FIP"), sue Henry Gherman, the principal officer of the corporations and an incarcerated embezzler,1 who defrauded investors...

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