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MANN v. LEVY

No. 91 Civ. 2792 (WK).

776 F.Supp. 808 (1991)

Rony MANN, Plaintiff, v. Roy G. LEVY, Bernard Beyda, Larry Silverstein, Steven Cohn and Republic Factors Corporation, Defendants.

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

November 1, 1991.

Attorney(s) appearing for the Case

Michael S. Etkin, Gold & Wachtel, New York City, for plaintiff Rony Mann.

Roy G. Levy and Donna F. Yanofsky, Shulman & Levy, Ossining, N.Y., for defendant Roy G. Levy.

Donald Stuart Bab, Bresler and Bab, New York City, for defendant Lary Silverstein.

Andrew S. O'Connor, Liddle O'Connor, Finkelstein & Robinson, New York City, for defendant Republic Factors Corp.

OPINION AND ORDER

WHITMAN KNAPP, District Judge.

Invoking diversity jurisdiction, plaintiff brings this action to recover damages resulting from defendants allegedly fraudulently inducing it to invest in Genesis Marketing Corporation ("Genesis"), a clothing manufacturing company which became worthless one month after plaintiff purchased 49% of its common stock. Defendants Roy Levy, Larry Silverstein and Republic Factors Corporation ("Republic") move to dismiss...

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