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RESSLER v. JACOBSON

Civ. A. No. 90-406-CIV. T-21A.

822 F.Supp. 1551 (1992)

Emerich RESSLER, on Behalf of Himself and All Others Similarly Situated, Plaintiff, v. Richard E. JACOBSON, Martin G. Jacobson, Marc S. Geller, and Nutmeg Industries, Inc., Defendants.

United States District Court, M.D. Florida, Tampa Division.

December 10, 1992.

Attorney(s) appearing for the Case

Leonard Barrack, Gerald J. Rodos, Samuel R. Simon, Barrack, Rodos & Bacine, Philadelphia, PA, John R. Bush, Bush Ross Gardner Warren & Rudy, P.A., Tampa, FL, for plaintiff.

John R. Kiefner, Jr., Riden, Earle & Kiefner, P.A., St. Petersburg, FL, for defendants.

MEMORANDUM OPINION

NIMMONS, District Judge.

I. INTRODUCTION

This is an open market securities fraud class action arising under Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 of the Securities and Exchange Commission, 17 C.F.R. § 240.10b-5, brought on behalf of all purchasers of the common stock of Nutmeg Industries, Inc. from May 23, 1989 to March 7, 1990. On October 9, 1992, the Court conducted...

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