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NEWMARK v. R K O GENERAL, INC.

No. 67 Civ. 4914.

294 F.Supp. 358 (1968)

Margot NEWMARK, Plaintiff, v. R K O GENERAL, INC., Frontier Airlines, Inc., Defendants.

United States District Court S. D. New York.

December 6, 1968.

Attorney(s) appearing for the Case

Kaufman, Taylor, Kimmel & Miller, New York City, by Stanley L. Kaufman, Shephard Miller, and Allan Peckel, New York City, for plaintiff.

Regan, Goldfarb, Powell & Quinn, New York City, by John J. Galgay, and Peter G. Corbett, New York City, for defendant RKO General, Inc.

OPINION

TYLER, District Judge.

This action under Section 16(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78p(b)) raises some of the questions left unresolved by the Court of Appeals for the Second Circuit in Blau v. Lamb, 363 F.2d 507 (2d Cir. 1966), cert. denied 385 U.S. 1002, 87 S.Ct. 707, 17 L.Ed.2d 542 (1967), that court's most recent in-depth excursion into the complicated world of short-swing insider...

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