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SILVERMAN v. WELLINGTON MANAGEMENT COMPANY

Nos. 67 Civ. 1583, 68 Civ. 965, 68 Civ. 1086, 68 Civ. 3899.

298 F.Supp. 877 (1969)

Abraham SILVERMAN and Rose Silverman, Plaintiffs, v. WELLINGTON MANAGEMENT COMPANY et al., Defendants. Rose LERMAN, Custodian, etc., Plaintiffs, v. Walter L. MORGAN et al., Defendants. Phyllis LIFTER and Teddy W. Weinstein, Plaintiffs, v. Walter L. MORGAN et al., Defendants. Herman H. BUZIN, Plaintiff, v. Rawson LLOYD et al., Defendants.

United States District Court S. D. New York.

February 19, 1969.

Attorney(s) appearing for the Case

Louis Kipnis, New York City, for plaintiffs Abraham Silverman and Rose Silverman.

Milton Paulson, New York City, for plaintiff Rose Lerman.

Weinstein & Levinson, New York City, for plaintiffs Lifter and Weinstein.

Abraham I. Markowitz, New York City, for plaintiff Herman H. Buzin.

Sullivan & Cromwell, New York City, for defendants Morgan, Welch, Bogle, Cabot and Wellington Management Co. Marvin Schwartz, Cornelius B. Prior, Jr., New York City, and Stradley, Ronon, Stevens & Young, Philadelphia, Pa., of counsel.

MANSFIELD, District Judge.

In these shareholders' derivative actions which set forth claims under the Investment Company and Investment Advisors Acts of 1940, the Securities Exchange Act of 1934 and at common law, certain of the defendants have moved for dismissal pursuant to Rule 12(b) (3) on the ground that venue is improper or, in the alternative, for transfer of the cases to the United States District Court for the...

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