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MURDOCK v. FOLLANSBEE STEEL CORP.

Civ. No. 11110.

114 F.Supp. 690 (1953)

MURDOCK v. FOLLANSBEE STEEL CORP. et al.

United States District Court W. D. Pennsylvania.

September 14, 1953.

Attorney(s) appearing for the Case

Mahlon E. Lewis, Pittsburgh, Pa., and Albert I. Edelman, New York City, for plaintiff.

Sherman T. Rock and Thomas W. Moses, Paul, Lawrence & Rock, and Smith, Buchanan, Ingersoll, Rodewald & Eckert, Pittsburgh, Pa., for defendants.

WILLSON, District Judge.

Plaintiff, Rex Murdock, on behalf of himself and all other stockholders of Follansbee Steel Corporation similarly situated, brought this suit against the corporation and certain individual defendants who are both present and past directors of the corporation. Plaintiff charges defendants with fraud, mismanagement and waste and seeks judgment against the individual defendants in the sum of $3,500,000 on behalf of defendant Follansbee Steel...

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