District Court, S.D. New York February 25, 1980, 79 Civ. 4523 (Credit & Finance Corp. v. Warner & Swasey Co.)

MEMORANDUM AND ORDER

WHITMAN KNAPP, District Judge.

This is an action for violations of the Securities and Exchange Act of 1934 (“1934 Act”). Plaintiffs are twenty corporations, associations and individuals who purchased on the New York Stock Exchange between July 12 and July 18, 1979 an aggregate of 52,100 shares of the common stock of Raneo, Inc.