Tarasi v. Pittsburgh National Bank

WEKSELMAN, J.,

This case is now before the court on motions for summary judgment by defendant Neal Hageal, and by defendants S. Robert Mialki and Pittsburgh National Bank (PNB). Both motions seek judgment as to Count II of plaintiffs complaint on grounds of res judicata and/or collateral estoppel. Count II is a claim for damages based on fraud and deceit allegedly practiced upon plaintiff by defendants. Plaintiffs allegations were the basis of a previous action against Mialki and PNB for damages under section 10(b) of the Securities Exchange Act of June 6,1934,48 Stat. 881,15 U.S.C.A. §78aet…