
    [658 NE2d 209, 634 NYS2d 432]
    PIA Investments Ltd. et al., Appellants, v UBS Securities, Inc., Respondent.
    Decided September 19, 1995
    
      APPEARANCES OF COUNSEL
    
      Chadbourne & Parke, New York City (Thomas J. Hall and Thomas J. McCormack of counsel), for appellants.
    
      Weil, Gotshal & Manges, New York City (Kenneth L. Steinthal of counsel), for respondent.
   OPINION OF THE COURT

On review of submissions pursuant to section 500.4 of the Rules of the Court of Appeals (22 NYCRR 500.4), order affirmed, with costs, and certified question answered in the affirmative, for the reasons stated in the memorandum at the Appellate Division (211 AD2d 599).

Concur: Chief Judge Kaye and Judges Simons, Titone, Bellacosa, Smith, Levine and Ciparick.  