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MORGAN v. McNIFF

No. 87 Civ. 3333 (VLB).

797 F.Supp. 325 (1992)

Jeffrey MORGAN, et al., Plaintiffs, v. John A. McNIFF, II, et al., Defendants.

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

August 31, 1992.

Attorney(s) appearing for the Case

F. Wolff III, Schumann, Hanlon, O'Connor & McCrossin, Jersey City, N.J., for defendants.

Fran L. Rudich, Biegel & Sandler, New York City, for plaintiffs.

MEMORANDUM ORDER

VINCENT L. BRODERICK, District Judge.

I

Defendant Columbia Savings and Loan Association has moved for summary judgment against the fourth amended complaint in this case involving alleged fraud against Illinois investors purchasing shares in a limited partnership dedicated to constructing an apartment complex in Texas. The investors executed promissory notes which were purchased by prearrangement by Columbia, a New Jersey bank....

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