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PEYSER v. MEEHAN FUND, INC.

No. 66 Civ. 975.

264 F.Supp. 1 (1966)

Lola A. PEYSER, Plaintiff, v. MEEHAN FUND, INC., Powdrell & Alexander, Inc. and Walworth Company, Defendants.

United States District Court S. D. New York.

December 9, 1966.

Attorney(s) appearing for the Case

Morris J. Levy, New York City, for plaintiff.

Regan, Goldfarb, Powell & Quinn, New York City, for defendant Meehan Fund and Powdrell & Alexander, Inc.

Breed, Abbott & Morgan, New York City, for defendant Walworth Co.

MEMORANDUM

TENNEY, District Judge.

Plaintiff is a shareholder of the defendant Walworth Company (hereinafter referred to as Walworth). She brings this action on behalf of herself and all other shareholders similarly situated and on behalf of Walworth under Section 16 (b) of the Securities Exchange Act of 1934, 48 Stat. 896 (1934), 15 U.S.C. § 78p (1964), to recover certain so-called "short-swing" profits allegedly made by defendants Meehan Fund, Inc...

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