Investors Equity Group v. Rosenkrantz Lyon & Ross, Inc.

OPINION

QUIST, District Judge.

Plaintiff Investors Equity Group, Inc. (IEG) filed this action seeking rescission of the sale of certain securities plaintiff purchased from the defendant Rosenkrantz, Lyon & Ross. This Court conducted a bench trial on February 9 and 10, 1993. On April 22, 1993, this Court issued an Opinion denying the plaintiffs claim for recovery. IEG filed a timely motion under Fed.R.Civ.P. 52(b) requesting this Court to Amend the Court’s Findings/Make Additional Findings and Amend the Judgment.

Analysis

In its April 22, 1993, Opinion, this Court found that the defendants had not…