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LOW v. EQUITY PROGRAMS, LTD.

No. 88 Civ. 7056 (JES).

882 F.Supp. 344 (1995)

Dr. Kalman LOW; Russell S. Asnes, M.D.; Terrence R. Conway; Richard L. Lehman; Dominick & Lynn Gadaleta; and Daniel R. Schwarzwalder, Plaintiffs, v. EQUITY PROGRAMS, LTD.; Allstate Property Investors Corporation; Equity Securities Realty Corporation; APR Investment Corporation; Equity Realty Management Corporation; National Realty Leasing Corporation; Harold S. Pomeranz; Andrew H. Lynette; Richard H. Diller; Richard H. Dinar; and Richard H. Dinar, C.P.M., Inc., Defendants.

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

April 19, 1995.

Attorney(s) appearing for the Case

Beigel & Sandler, Ltd., New York City (Karl J. Stoecker, of counsel).

Anderson Kill Olick & Oshinsky, P.C., New York City (Martin F. Brecker, Kim Koopersmith, Tracy E. Makow, of counsel).

MEMORANDUM OPINION AND ORDER

SPRIZZO, District Judge:

Plaintiffs, investors in certain limited partnerships organized and managed by the defendants, assert claims for relief based upon section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. 240.10b-5, sections 12(2) and 17(a) of the Securities Act of 1933, 15 U.S.C. §§ 77l(2), 77q(a), and pendent state law claims for...

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