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RYAN v. J. WALTER THOMPSON COMPANY

No. 69 Civ. 2249.

322 F.Supp. 307 (1971)

O'Neill RYAN and United States Trust Company of New York, as Trustee of a Trust dated April 15, 1968 for the benefit of Sara Ryan Hill, Plaintiffs, v. J. WALTER THOMPSON COMPANY, Defendant.

United States District Court, S. D. New York.

January 29, 1971.

Attorney(s) appearing for the Case

Kissam & Halpin, New York City, for plaintiffs; Leo T. Kissam, Anthony S. Genovese, Robert A. Warren, New York City, of counsel.

Breed, Abbott & Morgan, New York City, for defendant; Edward J. Ross, Miriam C. Feigelson, New York City, of counsel.

WYATT, District Judge.

These are motions for summary judgment, the first in time by defendant and the other by plaintiffs. Fed.R.Civ.P. 56. All parties agree that there is no genuine issue as to any material fact and that summary judgment is appropriate. Each side insists that summary judgment must be for it. The conclusion reached is that defendant is entitled to summary judgment.

The action is brought under Section 10(b) of the Securities Exchange Act of...

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