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GLOBUS, INC. v. JAROFF

No. 66 Civ. 2656.

271 F.Supp. 378 (1967)

GLOBUS, INC., Plaintiff, v. David B. JAROFF, Rita Darer, Alan Silver and Techmation Corp., Defendants.

United States District Court S. D. New York.

July 7, 1967.

Attorney(s) appearing for the Case

Mortimer M. Lerner, New York City, for plaintiff.

Louis Kipnis, New York City, for defendants Jaroff and Techmation Corp.

MEMORANDUM

BONSAL, District Judge.

Plaintiff moves for summary judgment pursuant to Rule 56 of the Federal Rules of Civil Procedure.

Plaintiff, a registered broker-dealer incorporated under the laws of New York, is and, during the period complained of, was the owner of 8,750 shares of Techmation Corporation (Techmation). Plaintiff sues derivatively on behalf of Techmation alleging that the directors of Techmation, who are the individual defendants...

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