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RMED INTERN., INC. v. SLOAN'S SUPERMARKETS, INC.

No. 94 CIV.5587(PKL)(RLE).

207 F.Supp.2d 292 (2002)

RMED INTERNATIONAL, INC., et al., Plaintiffs, v. SLOAN'S SUPERMARKETS, INC., and John A. Catsimatidis, Defendants.

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

June 27, 2002.

Attorney(s) appearing for the Case

Lehman & Gikow, P.C., New York City, David H. Gikow, Arthur R. Lehman, for Plaintiffs.

Jaffe & Asher LLP, New York City, Gregory E. Galterio, Joan M. Perryman, for Defendants.

OPINION AND ORDER

LEISURE, District Judge.

This class action under section 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, arises out of the purchase of common stock of defendant Sloan's Supermarkets, Inc. ("Sloan's") by a class of investors who bought the stock at allegedly artificially inflated prices during the period of January 7, 1993 through June 2, 1994.1

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