Ingenito v. Bermec Corp.
District Court, S.D. New York
1Opinion of the Court
LASKER, District Judge.
Plaintiffs Robert Ingenito and James Cear (hereinafter jointly referred to as Ingenito), Martin Yarvis (Yarvis) and Morton Bickart (Bickart) are (or were) losing investors in the Black Watch Farms, Inc. (Black Watch) enterprise. Our earlier opinion, Ingenito v. Bermec Corporation, 376 F.Supp. 1154 (S.D.N.Y.1974), describes the nature of Black Watch, which offered for sale herds of cattle. Purchased herds were maintained by Black Watch; under Black Watch’s care, they increased and multiplied. Purchaser-investors hoped for gains in the form of tax avoidance and high…
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- Bailey v. GloverSupreme Court of the United States · 1875
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