SCRITCHFIELD v. PAOLO

No. C.A. 01-550S.

274 F.Supp.2d 163 (2003)

George SCRITCHFIELD and Cynthia Scritchfield, JT Ten/Wros, on behalf of themselves and all others similarly situated, Plaintiffs, v. David R. PAOLO and Kenneth Cornell, Defendants.

United States District Court, D. Rhode Island.

July 26, 2003.


Attorney(s) appearing for the Case

Barry J. Kusinitz, Esq., Providence, RI, Deborah Clark-Weintraub, Esq., Carlos F. Ramirez, Esq., Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, for Plaintiffs.

Jeffrey C. Schreck, Esq., Providence, RI, Greg Shapiro, Esq., Mitchell Kaplan, Esq., Choate, Hall & Stewart, Boston, MA, for Defendants.


DECISION AND ORDER

SMITH, District Judge.

This case requires the Court to determine whether various allegedly fraudulent misrepresentations and omissions made by a company's officers violate the federal securities laws. Plaintiffs George and Cynthia Scritchfield, erstwhile investors in the now defunct Log On America ("LOA") and putative class action representatives,1 sue...

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