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J/H REAL ESTATE INC. v. ABRAMSON

Civ. A. No. 95-4176.

901 F.Supp. 952 (1995)

J/H REAL ESTATE INC., individually and on behalf of all others similarly situated v. Leonard ABRAMSON, et al.

United States District Court, E.D. Pennsylvania.

October 25, 1995.

Attorney(s) appearing for the Case

Stephen A. Whinston, Berger & Montague, P.C., Philadelphia, PA, Lee S. Shalov, Milberg, Weiss, Bershad, Hynes and Lerach, New York City, Arthur Stock, Berger and Montague, P.C., Philadelphia, for plaintiff.

Joseph C. Kohn, Kohn, Savett, Klein & Graf, P.C., Philadelphia, PA, Michael J. Chepiga.

James J. Hagan, Simpson, Thacher & Bartlett, New York City, Harold E. Kohn, Steven M. Steingard, Kohn, Swift & Graf, P.C., Philadelphia, PA, James G. Kreissman, Simpson, Thacher and Bartlett, New York City, for defendants Leonard Abramson, Costas C. Nicolaides, U.S. Healthcare, Inc.

MEMORANDUM

BARTLE, District Judge.

Plaintiff brings this purported class action against U.S. Healthcare, Inc. ("USHC") and two of USHC's top executives.1 In Count I of the complaint, plaintiff alleges violations of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, 15 U.S.C. §§ 78j(b) and 78t(a), and of Rule 10b-5 promulgated thereunder by the Securities and Exchange Commission ...

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