Lowenbraun v. Rothschild
District Court, S.D. New York
1Opinion of the Court
KRAM, District Judge.
Plaintiffs sue to recover monies invested in various accounts pursuant to the federal securities laws, 15 U.S.C. § 78j(b) (“section 10(b)” of the Securities Exchange Act of 1934), 17 C.F.R. § 240.10b-5 (“Rule lobs’’), the Racketeer Influenced and Corrupt Organizations Act (“RICO”), 18 U.S.C. § 1961 et seq., and common law fraud. Plaintiffs filed an amended complaint in accordance with this Court’s decision, Lowenbraun v. L.F. Rothschild, No. 86 Civ. 2778 (SWK), slip op. (S.D.N.Y. January 15, 1987) (available on WESTLAW, 1987 WL 5806), which dismissed the RICO claim, one…
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