GOODMAN v. FLEISCHMANN

Civ. A. No. 73-1097.

364 F.Supp. 1172 (1973)

Nathan M. GOODMAN, as Trustee for Marjorie Ruth Meyer Goodman v. Peter F. FLEISCHMANN, Individually and as Executor of the Estate of Raoul Fleischmann, et al.

United States District Court, E. D. Pennsylvania.

September 24, 1973.


Attorney(s) appearing for the Case

Theodore R. Mann, Philadelphia, Pa., for plaintiff.

D. Robert Owen, New York City, Thomas M. Kittredge, Philadelphia, Pa., for defendants.


OPINION AND ORDER

FOGEL, District Judge.

Plaintiff, a holder of the common stock of The New Yorker Magazine, Inc., instituted this derivative action alleging, inter alia, (1) a scheme by the defendants to defraud the Shareholders of The New Yorker Magazine, Inc. in order to benefit the heirs of the former chairman of the corporation; (2) the preparation and dissemination of a materially false and misleading proxy statement regarding investment policy...

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