SLOANE OVERSEAS FUND v. SAPIENS INTERN. CORP.

No. 95 Civ. 9165 (RPP).

941 F.Supp. 1369 (1996)

SLOANE OVERSEAS FUND, LTD., Brompton Partners L.P., and Susan Roeder, Plaintiffs, v. SAPIENS INTERNATIONAL CORPORATION, N.V., Swiss Bank Corporation, and Deloitte & Touche, L.L.P., Defendants.

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

September 23, 1996.


Attorney(s) appearing for the Case

Herzfeld & Rubin, P.C. by John M. Schwartz, New York City, for Plaintiffs.

Skadden, Arps, Slate, Meagher & Flom by Seth M. Schwartz, Michael P. Lowman, New York City, for Defendant Sapiens International Corporation, N.V.

Cleary, Gottlieb, Steen & Hamilton by William M. Hohengarten, Richard F. Ziegler, New York City, for Defendant Swiss Bank Corporation.

Deloitte & Touche, L.L.P. by David Wagner, New York City, for Defendant Deloitte & Touche, L.L.P.


ROBERT P. PATTERSON, Jr., District Judge.

Plaintiffs Sloane Overseas Fund, Ltd. ("Sloane"), Brompton Partners L.P. ("Brompton"), and Susan Roeder ("Roeder") filed a complaint alleging that (1) defendants Sapiens International Corporation, N.V. ("Sapiens"), Swiss Bank Corporation ("SB"), and Deloitte and Touche L.L.P. ("D & T") violated § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq. ("the 1934 Act") along with Rule 10b...

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