GOLLOMP v. MNC FINANCIAL, INC.

Civ. Nos. JFM-90-1117, JFM-90-1209, JFM-90-1319.

756 F.Supp. 228 (1991)

A.M. GOLLOMP and Peter Stuyvesant, Ltd. v. MNC FINANCIAL, INC., et al. Lenny B. ROBINSON v. MNC FINANCIAL, INC., et al. Murray ZUCKER and Ivan Tellis v. MNC FINANCIAL, INC., et al.

United States District Court, D. Maryland.

January 10, 1991.


Attorney(s) appearing for the Case

George Church, Church & Houff, P.A., Baltimore, Md., Richard Greenfield, Greenfield & Chimicles, Haverford, Pa., Arnold Levin, Levin, Fishbein & Sedran, Philadelphia, Pa., Jules Brody, Stull, Stull & Brody, New York City, for A.M. Gollomp.

R. Thomas Radcliffe, Jr., Church & Houff, Baltimore, Md., David Brower, Wolf, Haldenstein, Adler, Freeman & Herz, New York City, for Lenny B. Robinson.

Irving Dross, Dross & Levenstein, Waldorf, Md., Stull, Stull & Brody, Joseph Weiss, New York City, for Murray Zucker.

Irvin Nathan, Washington, D.C., John Lewin, Jr., Venable, Baetjer & Howard, Baltimore, Md., for MNC Financial, Inc.


MEMORANDUM

MOTZ, District Judge.

These three consolidated actions are brought by five shareholders of MNC Financial, Inc. ("MNC") against MNC and its former chairman and chief executive officer, Alan P. Hoblitzell, Jr. Seeking to represent a class of all persons who purchased MNC stock between January 17, 1989 and July 24, 1990, plaintiffs assert federal securities law claims and a claim for the common law tort of negligent misrepresentation. Defendants...

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