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BARNES v. OSOFSKY

Nos. 63 Civ. 3332, 63 Civ. 3391, 64 Civ. 2544.

254 F.Supp. 721 (1966)

Arthur BARNES, Plaintiffs, v. Meyer OSOFSKY et al., Defendants. Alfred N. GREENBERG et al., Plaintiffs, v. AILEEN, INC., et al., Defendants. Reginald SMITH et al., Plaintiffs, v. AILEEN, INC., et al., Defendants.

United States District Court S. D. New York.

June 8, 1966.

Attorney(s) appearing for the Case

Weinstein & Levinson, New York City, Frank Weinstein, New York City, of counsel, and Lipper, Shinn, Keeley & Dannenberg, New York City, Richard B. Dannenberg and Aaron Lipper, New York City, of counsel, for plaintiffs and intervenor-plaintiffs.

Winthrop, Stimson, Putnam & Roberts, New York City, for defendants Aileen, Inc., et al.; A. Edward Grashof and William C. Chanler, New York City, of counsel.

Simpson, Thacher & Bartlett, New York City, for defendant Goodbody & Co.; Walter J. Josiah, Jr., New York City, of counsel.

Milton S. Zeiberg, New York City, for Fred Zilker and Ottavio Occhi.

Allan Joseph White, New York City, for Estate of Philip B. White.

Schwartzman, Green & Harris, New York City, for Estelle K. Bermani; Michael A. Meyers, New York City, of counsel.

Joseph F. Daley, New York City, for Securities and Exchange Commission.

RYAN, Chief Judge.

This is an application pursuant to Rule 23(c) F.R.Civ.P. for judicial approval of a stipulation and agreement of compromise and settlement. A hearing on notice to all parties, the Securities and Exchange Commission and to all persons who were shareholders of defendant, Aileen, Inc. between September 10, 1965 and December 17, 1965, was held on February 15, 1966, at which all present were given an opportunity to be heard or object to the proposed...

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