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WICKES v. BELGIAN AMERICAN EDUCATIONAL FOUNDATION

64-Civ. 1050.

266 F.Supp. 38 (1967)

George WICKES and S. Sheldon Judson, Jr., on behalf of themselves and all the other Members and Directors of Belgian American Educational Foundation, Inc., similarly situated, Plaintiffs, v. BELGIAN AMERICAN EDUCATIONAL FOUNDATION, INC., Herbert Hoover Birthplace Foundation, Inc., Allan Hoover, Sidney A. Mitchell, Lewis L. Strauss, Clare M. Torrey and William Hallam Tuck, Defendants.

United States District Court S. D. New York.

March 31, 1967.

Attorney(s) appearing for the Case

Franken & Rubin, New York City, for plaintiffs.

Bergreen & Bergreen, New York City, for defendants Herbert Hoover Birthplace Foundation, Inc., Allan Hoover, Lewis L. Strauss and Clare M. Torrey.

Winthrop, Stimson, Putnam & Roberts, New York City, for defendant Sidney A. Mitchell.

Shearman & Sterling, New York City, for defendant Belgian American Educational Foundation, Inc.

MEMORANDUM

CROAKE, District Judge.

This is a derivative action brought by the above-named members and directors of the Belgian American Educational Foundation, Inc. (hereafter BAEF) on behalf of themselves and all other members and directors of BAEF similarly situated, and for the benefit of BAEF. The action is brought to secure legal and equitable relief, both remedial and prospective, in connection with a grant of nine hundred thousand dollars ($900,000...

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