PENTLAND USA, INC. v. MILLFELD TRADING CO., INC.

No. 92 Civ. 4480 (LBS).

841 F.Supp. 1383 (1993)

PENTLAND USA, INC., and Pentland Group PLC, Plaintiffs, v. MILLFELD TRADING CO., INC. and Barry Feldstein, Defendants.

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

December 15, 1993.


Attorney(s) appearing for the Case

Lowenthal, Landau, Fischer & Bring, P.C., New York City, for plaintiffs (Lawrence L. Ginsburg and Andrew J. Lorin, of counsel).

Schneck Weltman Hashmall & Mischel, New York City, for defendant Candies, Inc., f/k/a Millfeld Trading Co., Inc. (Edward S. Weltman and Chase A. Caro, of counsel).

Greenberger & Forman, New York City, for defendant Barry Feldstein (Robert W. Forman, of counsel).


OPINION

SAND, District Judge.

This securities action arises from the June 1991 purchase by plaintiffs Pentland USA, Inc. and Pentland Group PLC (collectively, "Pentland") of shares in defendant Millfeld Trading Co., Inc. ("Millfeld"), a publicly traded Delaware corporation in the primary business of importing and marketing shoes. In early 1992, the price of Millfeld stock collapsed after Millfeld disclosed that it was being investigated by federal prosecutors...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases