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COLONIAL REALTY CORP. v. BALDWIN-MONTROSE CHEM. CO.

Civ. A. No. 68-991.

312 F.Supp. 1296 (1970)

COLONIAL REALTY CORPORATION v. BALDWIN-MONTROSE CHEMICAL CO. et al.

United States District Court, E. D. Pennsylvania.

April 15, 1970.

Attorney(s) appearing for the Case

Harold E. Kohn, Bruce W. Kauffman, Philadelphia, Pa., for plaintiff.

David Berger, Herbert B. Newberg, Charles I. Thompson, Jr., Arthur H. Kahn, Philadelphia, Pa., for defendants.

MEMORANDUM OPINION

WEINER, District Judge.

The above-captioned action was brought as a class action on behalf of the plaintiff and all other shareholders of Chris-Craft Industries, Inc. ("Chris-Craft") alleging violations of Section 10 (b) of the Securities Exchange Act of 1934 and Rule 10b-5 adopted thereunder; a claim under Section 14(a) of the Act and Rule 14(a)-9 thereunder; an allegation of breach of fiduciary duties by defendants and finally a claim...

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