S.E.C. v. CREDIT BANCORP, LTD.

No. 99 Civ. 11395(RWS).

103 F.Supp.2d 223 (2000)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CREDIT BANCORP, LTD., Credit Bancorp, Inc., Richard Jonathan Blech, Thomas Michael Rittweger and Douglas C. Brandon, Defendants.

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

June 13, 2000.


Attorney(s) appearing for the Case

S.E.C. Salt Lake City, UT (Thomas M. Melton, of counsel), S.E.C., New York City (Robert Blackburn, of counsel), for Plaintiff.

Morrison & Foerster, New York City by Carl H. Loewenson, Receiver and Fiscal Agent, for Receiver.

McCambridge, Deixler & Marmaro, Los Angeles, CA (Richard Marmaro, of counsel), for Defendant Richard Jonathan Blech.

Milbank, Tweed, Hadley & McCloy, New York City (Andrew Tomback, of counsel), for Defendant Thomas Michael Rittweger.

Getty, Keyser & Mayo, Lexington, KY (Richard A. Getty, of counsel), for Defendant Douglas C. Brandon.

Rosenman & Colin, New York City (Joel W. Sternman, of counsel), Stoel Rives, Portland, OR (Joel A. Mullin, Scott J. Kaplan, of counsel), for Intervenor Robert Praegitzer.

Barger & Wolen, New York City (Michael J. Levin, of counsel), for Intervenor Centigram Communications Corp.

Lambos & Junge, New York City (Armand P. Mele, of counsel), for Intervenors Stephen J. Cole-Hatchard, Cole-Hatchard Family Limited Partnership, Nicko Feinberg and Michael Olbermann.

Sheldon A. Weiss, Mountainside, NJ, for Intervenor Robert Praegitzer.

Hogan & Hartson, New York City (Lyndon M. Tretter, of counsel), for Intervenor Gene W. Ray.


OPINION

SWEET, District Judge.

The Securities and Exchange Commission ("SEC") has moved for reconsideration of this Court's opinion dated March 21, 2000 (the "March 21 Opinion") pursuant to Local Rule 6.3 or, in the alternative, for certification of that opinion pursuant to 28 U.S.C. § 1292(b). This motion is opposed by a number of the parties who were granted permission to intervene in this action in the March 21 Opinion. For the reasons that...

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