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KAUFMANN v. LAWRENCE

No. 74 Civ. 5081.

386 F.Supp. 12 (1974)

Albert KAUFMANN, Plaintiff, v. Mary Wells LAWRENCE et al., Defendants.

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

December 5, 1974.

Attorney(s) appearing for the Case

Nemser & Nemser, by Stanley Nemser, Norman S. Nemser, Peter Wang, New York City, for plaintiff.

Hughes, Hubbard & Reed, by Robert J. Sisk, Orville H. Schell, Jr., Amalya L. Kearse, New York City, for defendants.

OPINION

ROBERT L. CARTER, District Judge.

I

This case involves a controversy as to the legal validity under federal securities laws of an exchange offer made by the defendant, Wells, Rich, Greene, Inc. (WRG) to holders of its common stock. Plaintiff, a holder of 100 shares, brings this action as a class action on behalf of himself and all other holders of WRG common stock, excluding such holders who are directors and officers and the members of...

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