Barney M. BAKER, et al., Plaintiffs,
v.
POWER SECURITIES CORPORATION, et al., Defendants.
Barney M. BAKER, et al., Petitioners,
v.
RAF FINANCIAL CORPORATION, Respondent.
United States District Court, W.D. New York.https://leagle.com/images/logo.png
December 11, 1996.
December 11, 1996.
Attorney(s) appearing for the Case
Dennis A. Graham, Hopper & Kanouff, Denver, CO, Justin Vigdor, Boylan, Brown, Code, Fowler, Vigdor & Wilson, L.L.P., Rochester, NY, for debtor RAF Financial Corp.
Douglas A. Foss, James M. Hartmann, Harris, Beach & Wilcox, Rochester, NY, H. Todd Bullard, Fix, Spindelman, Turk, Himelein & Shukoff, Rochester, NY, for plaintiffs Barney M. Baker, Kenneth Banks, Edward Coleman, Gail Corsette, Joyce D. Flachen, William F. Horton, Barry A. Friedman, Mark H. Klein, David J. Kuhbinder, John F. Locasio, Joseph M. Natale, Joan M. Halstead, Joanne Herwig, David A. Hodder, Donald Haydoo, Herbert A. Levin, William C. Lowenkamp, Swan Lundeen, Frank Merriweather, Louis J. Micca, Christopher Palmer, Arlene Pearlman, David Phillips, James Rosecrans, Frank Sarwatka, Donald Stubblebin.
Orville Sandberg, Aurora, CO, pro se.
Joe McDonouth, Denver, CO, pro se.
Stephen M. Leonardo, Silver, Feldman & Leonardo, Rochester, NY, for defendant Eric Mohchecourt.
Ira L. Hyams, Ira L. Hyams P.C., Westbury, NY, for defendants Arthur Seidenfeld, Samuel Seidenfeld and Anne Seidenfeld.
Jeff Brown, Aurora, CO, pro se.
John Dennee, Fairport, NY, pro se.
United States District Court, W.D. New York.
DECISION AND ORDER
LARIMER, Chief Judge.
BACKGROUND
This class action was originally commenced by petitioners against Power Securities Corporation ("Power") and other defendants to recover monetary losses sustained by petitioners as a result of alleged securities fraud. On March 20, 1992, a $25 million judgment was entered in favor of petitioners against Power, which had ceased operations in 1989. Plaintiffs thereafter commenced this...
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