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O & G CARRIERS, INC. v. SMITH

No. 89 Civ. 3131(TPG).

799 F.Supp. 1528 (1992)

O & G CARRIERS, INC., et al., Plaintiffs, v. Howard A. SMITH, et al., Defendants.

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

August 20, 1992.

Attorney(s) appearing for the Case

Irvin Rothfarb, New York City, for plaintiff Rothfarb.

Elliot Silverman, Gold & Wachtel, New York City, for plaintiffs O & G, et al.

Ronald S. Herzog, Jackson & Nash, New York City, for defendants Smith, Smith Energy, Smith Energy Pension.

John H. Eickemeyer, Solinger Grosz & Goldwasser, P.C., New York City, for defendants Robert Bereson, Bereson.

Barry G. Saretsky, Bower & Gardner, New York City, for defendants Joel Berson, Moore, etc.

David T. Eames, Bodian & Eames, New York City, for defendants Luck, Luck Petroleum.

Joseph Aronauer, Morgenthau, Greenes & Goldfarb, P.C., New York City, for defendants Hamby Consultant, W.R. Hamby.

OPINION

GRIESA, District Judge.

This action arises out of plaintiffs' purchases of interests in several oil and gas drilling ventures. Plaintiffs allege causes of action under the federal securities laws, the Racketeer Influenced and Corrupt Organizations Act (RICO), and several state law theories. Plaintiffs claim, inter alia, that defendants made material misrepresentations and omissions in the offering...

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