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LOSQUADRO v. FGH REALTY CREDIT CORP.

No. CV 96-1692 (ADS).

959 F.Supp. 152 (1997)

Tracey LOSQUADRO, Joseph Cavalieri, Anthony Senia, Andrew Jeacoma, Michael DeSena and Joseph Riccardo, as members of the General Building Laborers, Local Union No. 66 and Participants in and Beneficiaries of the General Building Laborers' Local Union No. 66 Training Fund, Plaintiffs, v. FGH REALTY CREDIT CORPORATION, General Building Laborers' Local Union No. 66 L.I.U.N.A. AFL-CIO, Paul O'Brien, Eugene Messina, Gerald Losquadro and David Elabor, as Trustees of the General Building Laborers' Local Union No. 66 Training Fund, General Building Laborers' Local Union No. 66 Building Corporation, Michael LaBarbara, Jr., James Abbatiello, Sr. and Peter Vario, individually and as former Trustees of the General Building Laborers' Local Union No. 66 Training Fund, former Officers and Members of the Executive Board of the General Building Laborers' Local Union No. 66 and former Officers and Directors of the General Building Laborers' Local Union No. 66 Building Corporation, Defendants.

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

March 15, 1997.

Attorney(s) appearing for the Case

Spivak, Lipton, Wanatabe, Spivak & Moss, New York City (Franklin K. Moss, Leonard David Egert, of counsel), for Plaintiffs.

Herrick, Feinstein L.L.P., New York City (Mara Levin, of counsel), for Defendant FGH Realty Credit Corporation.

Proskauer Rose Goetz & Mendelsohn, L.L.P., New York City (Steven A. Beede, of counsel), for Defendant Current Trustees of the General Building Laborers' Local No. 66 Training Fund.

MEMORANDUM OF DECISION AND ORDER

SPATT, District Judge:

This lawsuit arises from the claims of the plaintiffs, Tracey Losquadro, Joseph Cavalieri, Anthony Senia, Andrew Jeacoma, Michael DeSena and Joseph Riccardo (the "plaintiffs"), as members of the General Building Laborers' Local Union No. 66 (the "Union") and participants and beneficiaries of the General Building Laborers' Local Union No. 66 Training Fund (the "Training Fund" or "Fund,"), against the...

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