Colonial Realty Corp. v. Brunswick Corp.
District Court, S.D. New York
1Opinion of the Court
PALMIERI, District Judge.
PRELIMINARY STATEMENT
This is an action by a corporation for damages allegedly sustained as a result of material misrepresentations in a prospectus and omissions to state material facts required to be stated therein or necessary to make statements therein not misleading in violation of various sections of the federal securities laws. Defendants include Brunswick Corporation, several officers and directors of Brunswick, brokerage firms connected with the underwriting and distribution of Brunswick’s convertible debentures, and Arther Andersen & Co., the accounting firm…
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