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COHEN v. PRUDENTIAL-BACHE SECURITIES, INC.

No. 90 Civ. 4234 (PKL).

777 F.Supp. 276 (1991)

Sarah COHEN and Leopold Cohen, individually and on behalf of all others similarly situated, Plaintiffs, v. PRUDENTIAL-BACHE SECURITIES, INC., et al., Defendants.

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

November 1, 1991.

Attorney(s) appearing for the Case

Aguirre & Meyer, San Diego, Cal. (Michael J. Aguirre and Patricia A. Meyer, of counsel), for plaintiffs.

Skadden, Arps, Slate, Meagher & Flom, New York City (William P. Frank, Jay B. Kasner, and Richard M. Breslow, of counsel), for defendants Prudential-Bache Securities, Inc. and Prudential-Bache Properties, Inc.

Parker Chapin Flattau & Klimpl, New York City (Elliot Cohen and Joel A. Chernov, of counsel), for defendant Laventhol & Horwath.

Colton, Hartnick, Yamin & Sheresky, New York City (David Aronson, of counsel), for defendants Sybedon Corp.

Rivkin, Radler, Bayh, Hart & Kremer, Uniondale, N.Y. (Peter C. Contino and Janice J. DiGennaro, of counsel), for defendant Wilrock Appraisal & Consulting, Inc.

OPINION AND ORDER

LEISURE, District Judge.

The instant action arises out of the sale of limited partnership units in Jefferson Hotel Associates Limited Partnership ("Jefferson Hotel Partnership" or "Partnership"), a Connecticut limited partnership. The plaintiffs, Sarah Cohen and Leopold Cohen, investors in the Jefferson Hotel Partnership, bring this suit individually and on behalf of all others similarly situated. The defendants are Prudential-Bache Securities...

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