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BRASS v. AMERICAN FILM TECHNOLOGIES, INC.

No. 91-CIV-5395 (LJF).

780 F.Supp. 1001 (1991)

Sanford BRASS, et al., Plaintiffs, v. AMERICAN FILM TECHNOLOGIES, INC., Defendant.

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

December 18, 1991.

Attorney(s) appearing for the Case

Raymond Connell, Connell Losquadro & Zerbo, New York City, for plaintiffs.

Robert Knuts, Fennell & Minkoff, New York City, for defendant.

ORDER AND OPINION

FREEH, District Judge.

Plaintiff Sanford Brass ("Brass") initiated this action in July 1991, to recover losses suffered when defendant American Film Technologies, Inc. ("AFT") failed to issue warrants for 65,000 shares of unrestricted AFT stock allegedly purchased by Brass in 1987 and 1989.1 AFT moved to dismiss the complaint pursuant to Fed. R.Civ.P. 12(b)(6). Because both parties relied on evidence outside...

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