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NAT'L ENTERS. CORP. v. DECHERT PRICE & RHOADS

181 A.D.2d 443 (1992)

National Enterprises Corp. et al., Respondents, v. Dechert Price & Rhoads, Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

March 5, 1992

Plaintiffs are the successors in interest of a number of companies which were the shareholders of Avant-Garde Computing Inc. and seek to recover $2,159,000 which they had paid in a settlement of a Federal securities violations action entitled In re Avant-Garde Computing Inc. Sec. Litig. (US Dist Ct, NJ, Sept. 5, 1989, Thompson, J. [85 Civ 4149]) and for legal fees incurred in defending that action. Prior to settlement of...

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