ACKERMAN v. NATIONAL PROPERTY ANALYSTS, INC.

Nos. 92 Civ. 0022 (LJF), 92 Civ. 1298 (LJF).

887 F.Supp. 510 (1993)

Fred ACKERMAN, et al., Plaintiffs, v. NATIONAL PROPERTY ANALYSTS, INC., et al., Defendants. Steven S. REMINGTON, M.D., et al., Plaintiffs, v. Alan TALANSKY, et al., Defendants.

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

July 1, 1993.


Attorney(s) appearing for the Case

John Triggs, Jacobson & Triggs, New York City, for plaintiffs in No. 92-CV-0022-LJF.

Daniel P. Levitt, New York City, for Alan Talansky, First Atlantic Inv. Corp. and AST Properties, Inc.

Thomas B. Kinzler, Kelley Drye & Warren, New York City, for Travelers Indem. Co.

Daniel P. Levitt, New York City, for United Growth Properties, L.P., United Properties of America, L.P.

Charles L. Chrein, New York City, pro se.

William J. Burke, Burke & Stone, New York City, for Melvin Spitz.

Robert Carlson, Reid & Priest, New York City, for Spengler Carlson Gubar Brodsky & Fischling.

Kenneth J. Warren, Manko Gold & Katcher, Bala Cynwyd, PA, for Admiral Ins. Co.

David A. Boyar, New York City, for Hutton Nelson & McDonald.

David W. Rivkin, Debevoise & Plimpton, New York City, for Price Waterhouse & Co.

Geoffrey W. Heineman, Ohrenstein & Brown, New York City, Wharton Econometric Forecasting Associates, Inc.

John N. Romans, Katten Muchin & Zavis, New York City, for Greyhound Financial Corp.

James Kaplan, Wilson Elser Moskowitz Edelman & Dicker, New York City, for Weiner Zuckerbrot Weiss & Brecher.

Richard O'Leary, McCarter & English, New York City, for Lincoln Nat. Corp. and Lincoln Nat. Life Ins. Co., Sec. Life Ins. Co., First Penn Pacific Life Ins. Co., American States Life Ins. Co.

Janis Meyer, White & Case, New York City, for Credit Lyonnais.

William J. Burke, Burke & Stone, New York City, for Melvin Spitz.

Solomon J. Jaskiel, Beigel & Sandler, New York City, for plaintiffs in No. 92-CV-1292-LJF.

George W. Croner, Kohn, Savett, Klein & Graf, Philadelphia, PA, Lori A. Sullivan, Sullivan & Damen, White Plains, NY, for National Property Analysts, Inc., United Properties of America, L.P., Edward B. Lipkin, Howard N. Brownstein.

Daniel P. Levitt, New York City, for National Community Centers III, National Community Centers IV, National Community Centers VII, National Community Centers VIII, National Community Centers IX, National Community Centers X, National Community Centers XI-A, National Community Centers XIV, National Community Centers XV and National Community Centers XVI.

Tracy Elise Poole, Wood, Williams, Rafalsky & Harris, New York City, for Resolution Trust Corp.


OPINION & ORDER

FREEH, District Judge.

In these related fraud actions, defendants Alan Talansky ("Talansky"), United Growth Properties ("United Growth"), First Atlantic Investment Corp., United Properties of America, AST Properties (collectively, the "United Growth Defendants"), National Property Analysts, Inc., Edward Lipkin, and Howard Brownstein, (collectively the "NPA Defendants"), Price Waterhouse, The Travelers Indemnity Company ("Travelers...

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