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LISSAUER v. BERTLES

37 F.Supp. 881 (1940)

LISSAUER v. BERTLES et al. SAME v. BROWN et al.

District Court, S. D. New York.

December 28, 1940.

Attorney(s) appearing for the Case

Abraham M. Glickman, of New York City, for plaintiff.

Jay Leo Rothschild, of New York City (Jay Leo Rothschild and Walter S. Beck, both of New York City, of counsel), for appearing defendants.

LEIBELL, District Judge.

Plaintiff, a stockholder of Industrial Acceptance Corporation, brought a stockholders derivative suit in the New York Supreme Court against three corporations and numerous individual defendants, charging them with a conspiracy to defraud the Acceptance Corporation of its assets and demanding an accounting. In that suit William M. Bertles was the first of the defendants named therein and it will be referred to as the "Bertles" suit to distinguish...

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