COOPER v. PARSKY

Docket No. 97-7525.

140 F.3d 433 (1998)

Stanley COOPER, Sheila Cooper, Richard C. Stein, as Trustee of the Trust for the benefit of Michael Cooper and Richard C. Stein, as Trustee of the Trust for the benefit of Adam Cooper, Plaintiffs-Appellants, v. Gerald L. PARSKY, William E. Simon, Richard K. Gottlieb, Charles G. Berg, Alan Andreini, Michael J. Sacks, J. Michael Bell, Peter Ackerman, W. Ross Reucassel, Raymond F. Sebastian, John H. Long, Jr., WSGP International, Inc., WSGP-USP, Inc., Century City 1800 Partners L.P., Wespar Insurance Brokerage, Inc., Southwest Venture Partners II, BMG Partners, Inc., IGI-Boler, Inc., Boler Petroleum Corporation, The International Group, Inc. (Delaware), The International Group, Inc. (Canada), Defendants-Appellees, Elizabeth Cole, WSGP-Partners, L.P., Wsgp-Limited Partnership, Aurora 1800 Partners, L.P., Defendants.

United States Court of Appeals, Second Circuit.

Decided April 2, 1998.


Attorney(s) appearing for the Case

Richard C. Stein, New York City, (Edward Cherney, Woodbury, NY, on the brief), for Plaintiffs-Appellants.

Lawrence Byrne, New York City (On the brief: S. Elizabeth Foster, Gibson, Dunn & Crutcher, New York City, for Defendants-Appellees Parsky, Berg, Andreini, Ackerman, WSGP International, Inc., WSGP-USP, Inc., and Century City 1800 Partners L.P.; Jack Wenick, Michael G. Albano, Sills Cummis Zuckerman Radin Tishman Epstein & Gross, New York City, for Defendants-Appellees Reucassel, IGI-Boler, Inc., Boler Petroleum Corporation, The International Group, Inc. (Delaware), and The International Group, Inc. (Canada); Elisabeth Goot, Latham & Watkins, New York City, for Defendants-Appellees Simon and Wespar Insurance Brokerage, Inc.; K. Ann McDonald, Robinson Murphy & McDonald, New York City, for Defendants-Appellees Bell, Long, Southwest Venture PartnersII, and BMG Partners, Inc.; Peter Jakab, Fein & Jakab, New York City, Robert Gooding, Howard, Rice, Nemerovski, Canady, Falk & Rabkin, Newport Beach, CA, for Defendant-Appellee Sebastian; Ross E. Kimbarovsky, Hopkins & Sutter, Chicago, IL, for Defendant-Appellee Sacks).

Before: FEINBERG, KEARSE, and JACOBS, Circuit Judges.


KEARSE, Circuit Judge:

Plaintiffs Stanley Cooper ("Cooper") and members of his family (collectively "the Coopers") appeal from a judgment of the United States District Court for the Southern District of New York, John G. Koeltl, Judge, dismissing their amended complaint alleging that defendants Gerald L. Parsky et al. violated various contractual, fiduciary, and other duties to plaintiffs in connection with...

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