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NEWMAN v. FAMILY MANAGEMENT CORPORATION

No. 11-622-cv.

DAVID B. NEWMAN and IRA F/B/O DAVID NEWMAN-PERSHING LLC as Custodian, on behalf of themselves and all Others Similarly Situated, and Derivatively on behalf of FM LOW VOLATILITY FUND, L.P., Plaintiffs-Appellants, v. FAMILY MANAGEMENT CORPORATION; SEYMOUR W. ZISES; ANDREA L. TESSLER; ANDOVER ASSOCIATES LLC I; BEACON ASSOCIATES LLC I; MAXAM CAPITAL MANAGEMENT LLC; MAXAM CAPITAL GP, LLC; MAXAM CAPITAL MANAGEMENT LIMITED; SANDRA MANZKE; and JOHN DOES 1-100, MAXAM ABSOLUTE RETURN FUND, LP, Defendants-Appellees, FM LOW VOLATILITY FUND, L.P., Nominal Defendant-Appellee, ANDOVER ASSOCIATES MANAGEMENT CORP.; BEACON ASSOCIATES MANAGEMENT CORP.; FULVIO & ASSOCIATES, LLP, JOEL DANZIGER; HARRIS MARKHOFF; IVY ASSET MANAGEMENT CORP.; and THE BANK OF NEW YORK MELLON CORPORATION, Defendants.

United States Court of Appeals, Second Circuit.

July 16, 2013.

Attorney(s) appearing for the Case

DANIEL W. KRASNER , Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY., for Appellants.

NEIL A. STEINER ( Andrew J. Levander , on the brief) Dechert, LLP, New York, NY., for Appellees, Family Management Corp.; Seymour W. Zises; Andrea L. Tessler.

KIMBERLY PERROTTA COLE ( Jonathan D. Cogan , Carrie A. Tendler , Michael S. Kim , on the brief), Kobre & Kim LLP, New York, NY., for Appellees, MAXAM Capital Management LLC; MAXAM Capital GP, LLC; MAXAM Capital Management Ltd.; Sandra Manke.

BARRY R. LAX ( Gabrielle J. Pretto , on the brief), Lax & Neville LLP, New York, NY, for Appellee, FM Low Volatility Fund, L.P.

JAMES N. LAWLOR , Wollmuth Maher & Deutsch LLP, Newark, NJ., for Appellee, MAXAM Asbolute Return Fund.

Present: RALPH K. WINTER, PETER W. HALL, GERARD E. LYNCH, Circuit Judges.

SUMMARY ORDER

RULINGS BY SUMMARY ORDER DO NOT HAVE PRECEDENTIAL EFFECT. CITATION TO A SUMMARY ORDER FILED ON OR AFTER JANUARY 1, 2007, IS PERMITTED AND IS GOVERNED BY FEDERAL RULE OF APPELLATE PROCEDURE 32.1 AND THIS COURT'S LOCAL RULE 32.1.1. WHEN CITING A SUMMARY ORDER IN A DOCUMENT FILED WITH THIS COURT, A PARTY MUST CITE EITHER THE FEDERAL APPENDIX OR AN ELECTRONIC DATABASE (WITH THE NOTATION "SUMMARY ORDER"). A PARTY CITING A SUMMARY ORDER MUST SERVE...

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