District Court, S.D. New York June 1, 1995, 87 Civ. 1031 (SWK) (Securities & Exchange Commission v. Grossman)

MEMORANDUM OPINION AND ORDER

KRAM, District Judge.

In this “insider trading” action, defendants George Hirshberg (“Hirshberg”) and Alan Hirshberg (collectively, the “Hirshbergs”)

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and Israel G. Grossman (“Grossman”) object to a Report and Recommendation issued by Magistrate Judge Michael H. Dolinger on March 2, 1995 (the “Report”). For the reasons set forth below, the Report is adopted in full.