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DASHO v. SUSQUEHANNA CORPORATION

No. 65 C 1757.

267 F.Supp. 508 (1966)

William DASHO et al., Plaintiffs, v. The SUSQUEHANNA CORPORATION et al., Defendants.

United States District Court N. D. Illinois, E. D.

On Rehearing June 28, 1966.

Attorney(s) appearing for the Case

Lawrence A. Jacobson, Ira S. Kolb, Adolf Loeb, Chicago, Ill., for plaintiffs.

Melvan Jacobs, Charles Leist, Alfred Bianucci, Joseph Kostner, Robert Mansell, Chicago, Ill., for defendant, Susquehanna Corp.

Robert Mansell, Chicago, Ill., for defendant, Stuart.

Samuel Weisbard, Stephen Sandels, Chicago, Ill., for defendant, Lauhoff.

Joseph A. Sommer, Santa Fe, for defendant, American Gypsum Co.

MEMORANDUM OPINION

MAROVITZ, District Judge.

Motion of Defendants to Dismiss.

This is a two-count action purportedly arising under the Securities Act of 1933 and the Securities Exchange Act of 1934. In Count I, plaintiffs, shareholders of The Susquehanna Corporation, have sued derivatively for injunctive relief and damages, asserting violations by defendants of Section 17(a) of the 1933 Act (Sec. 77q, Title 15, U.S.C.), Section 10(b) of the 1934...

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