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RAI v. WB IMICO LEXINGTON FEE, LLC

Nos. 09 Civ. 9586 (PGG), 09 Civ. 9609 (PGG), 09 Civ. 9610 (PGG), 09 Civ. 9611 (PGG), 09 Civ. 9612 (PGG).

851 F.Supp.2d 615 (2012)

Aviral RAI and Sangeeta Rai, Plaintiffs, v. WB IMICO LEXINGTON FEE, LLC, Defendant. Haskell Limited Inc., Plaintiff, v. WB Imico Lexington Fee, LLC, Defendant. Jessica Benhamou, Plaintiff, v. WB Imico Lexington Fee, LLC, Defendant. Garrett Bauer, Plaintiff, v. WB Imico Lexington Fee, LLC, Defendant. Marilyn Ezzes, Plaintiff, v. WB Imico Lexington Fee, LLC, Defendant.

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

March 19, 2012.

Attorney(s) appearing for the Case

Lawrence C. Weiner , Alan Wasserman , Wilentz, Goldman & Spitzer, P.A., Woodbridge, NJ, Donald Robert Dunn, Jr. , Pryor Cashman LLP, James Andrew Moss , Balber, Pickard, Battistoni, Maldonado, & Van Der Tuin, New York, NY, for Plaintiffs.

Richard Henry Dolan , Thomas Aquinas Kissane , Schlam Stone & Dolan LLP, New York, NY, for Defendant.

MEMORANDUM OPINION & ORDER

PAUL G. GARDEPHE, District Judge.

Plaintiffs are purchasers of condominium units in "The Lucida," a condominium development in Manhattan, and have sued to rescind their purchase agreements and recover their deposits based on alleged violations of the Interstate Land Sales Full Disclosure Act, 15 U.S.C. §§ 1701-1720 (2009) ("ILSA" or the "Act"). (Rai Am. Cmplt. ¶ 1; Haskell Cmplt. ¶¶ 2-4; Benhamou...

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