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AZURITE CORP. LTD. v. AMSTER & CO.

No. 89 Civ. 0746 (SS).

844 F.Supp. 929 (1994)

AZURITE CORP. LTD., individually and on behalf of all others similarly situated, Plaintiff, v. AMSTER & CO., formerly known as Lafer, Amster & Co., Arnold Marvin Amster, Barry Stuart Lafer, and Joel Richard Packer, Defendants.

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

February 2, 1994.

Attorney(s) appearing for the Case

Tomas Szoboszlai, Jaffe and Asher, New York City, for plaintiff Azurite Corp. Ltd.

Peter C. Neger, Shea & Gould, New York City, for defendant Amster & Co.

Herbert Stern, Stern & Greenberg, Roseland, NJ, for defendant Barry Stuart Lafer.

Donald D. Buchwald, Buchwald & Kaufman, New York City.

OPINION AND ORDER

SOTOMAYOR, District Judge.

Plaintiff Azurite Corp. Ltd. ("Azurite") brings this action to recover damages from corporate defendant Lafer, Amster & Co., now Amster & Co. (hereinafter "LACO"), and its officers Arnold Marvin Amster ("Amster"), Barry Stuart Lafer ("Lafer") and Joel Richard Packer ("Packer") (together "defendants") for violation of § 10(b) of the Securities Exchange Act (the "Act") of 1934, 15 U.S.C. § 78j...

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