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FEDER v. MARTIN MARIETTA CORPORATION

No. 63 Civ. 2753.

286 F.Supp. 937 (1968)

Judith S. FEDER, Plaintiff, v. MARTIN MARIETTA CORPORATION and Sperry Rand Corporation, Defendants.

United States District Court S. D. New York.

January 24, 1968.

Attorney(s) appearing for the Case

Sidney B. Silverman, New York City, for plaintiff.

DeBevoise, Plimpton, Lyons & Gates, New York City, for defendant Martin Marietta Corporation; Samuel E. Gates, Cecil Wray, Jr., New York City, of counsel.

Chadbourne, Parke, Whiteside & Wolff, New York City, for defendant Sperry Rand Corporation; Charles Pickett, Edward C. McLean, Jr., New York City, of counsel.

OPINION

COOPER, District Judge.

This action is based upon § 16(b) of the Securities Exchange Act, 15 U.S.C. § 78p(b).1 Plaintiff,2 a shareholder of defendant Sperry Rand Corporation3 (hereinafter Sperry) seeks recovery, on behalf of Sperry, of profits realized by defendant Martin Marietta Corporation (hereinafter...

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