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CERIBELLI v. ELGHANAYAN

No. 1119, Docket 92-7984.

990 F.2d 62 (1993)

Diane W. CERIBELLI, Margot Whittemore, James F. Balsley, Bruce Stinson, John W. Moore and Helen Crane, Plaintiffs-Appellants, v. H. Henry ELGHANAYAN, Kamran T. Elghanayan and Frederick Elghanayan, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided April 2, 1993.

Attorney(s) appearing for the Case

Gary Farrell, New York City, submitted a brief for plaintiffs-appellants.

Robert J. Zastrow, Randy L. Shapiro, Mark Manderosian, Stroock & Stroock & Lavan, New York City, submitted a brief for defendants-appellees.

Before NEWMAN and WINTER, Circuit Judges, and CARMAN, Judge, U.S. Court of International Trade.

JON O. NEWMAN, Circuit Judge:

This case concerns the scope of shareholder standing in civil RICO actions. The issue arises on the appeal of plaintiffs Diane W. Ceribelli, Margot Whittemore, James F. Balsley, Bruce Stinson, John W. Moore, and Helen Crane from the August 12, 1992, judgment of the District Court for the Southern District of New York (Kenneth Conboy, Judge) dismissing for lack of standing their complaint against the sponsors of a residential cooperative...

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