IN RE PRUDENTIAL SEC. INC. LTD. PARTNERSHIPS LITIGATION

No. 1005 M-21-67 (MP).

947 F.Supp. 750 (1996)

In re PRUDENTIAL SECURITIES INCORPORATED LIMITED PARTNERSHIPS LITIGATION.

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

December 9, 1996.


Attorney(s) appearing for the Case

Fredrickson, Mazeika & Grant, San Diego, CA, by Robert L. Friedenberg, for Class Member Michael J. Piscitelli.

Milberg, Weiss, Bershad, Hynes & Lerach, New York City, by George A. Bauer, III, Class Counsel.

Cahill Gordon & Reindel, New York City, by Thomas J. Kavaler, for Prudential Securities Incorporated.

Goodkind, Labaton, Rudoff & Sucharow, New York City, by Lisa Ghartey, Class Counsel.


Preliminary

MILTON POLLACK, Senior District Judge.

Michael Piscitelli was a broker with PSI ("Prudential Securities Incorporated") who has been on disability leave since May 1993. He is the owner of limited partnerships sold by PSI and has instituted an arbitration proceeding before the New York Stock Exchange Arbitration tribunal asserting therein that he sustained reputation and business injury to his reputation as a broker for PSI through marketing...

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