Keating v. BBDO International, Inc.

OPINION

GOETTEL, District Judge.

The complaint herein alleges five causes of action. The first is brought under Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C.A. § 78j(b) and Rule 10b-5, 17 C.F.R. § 240.10b-5, and the four others, respectively, allege breach of implied covenant in a stockholder’s agreement, common law fraud, “intentional infliction of temporal damage to plaintiff without excuse or justification,” and wanton, willful and malicious conduct toward plaintiff warranting an award of punitive damages. All claims arise from the same operative facts and constitute an…