Lawrence v. Cohn

JOHN M. WALKER, JR., Chief Judge.

In this case, denominated a securities fraud action, plaintiffs-appellants Alice Lawrence, Suzanne Lawrence, Richard Lawrence, and Marta Jo Lawrence, individually and on behalf of the Estate of Sylvan Lawrence (collectively, the “plaintiffs” or the “Estate”), ask this court to plumb the vagaries of New York law concerning estates and fiduciary relationships, an area ordinarily within the sole purview of state courts, to determine the nature and extent of plaintiffs’ legal entitlement to purchase additional shares in a partnership. Plaintiffs contend that…