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

No. 94 CIV 5587 PKL RLE.

185 F.Supp.2d 389 (2002)

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

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

February 21, 2002.


Attorney(s) appearing for the Case

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

Jaffe & Asher, Gregory E. Galterio, Joan M. Perryman, Mark P. Hannafey, New York City, for Defendant John Catsimatidis.

Wolf Block Schorr & Solis-Cohen, Jonathan Honig, New York City, for Defendant Sloan's Supermarkets, Inc.


OPINION AND ORDER

LEISURE, District Judge.

This class action under section 10(b) of the Securities 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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