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WRIGHT v. HEIZER CORP.

No. 72 C 2536.

411 F.Supp. 23 (1975)

Peter WRIGHT and Beneficial Standard Corporation, Plaintiffs, v. The HEIZER CORPORATION and International Digisonics Corporation, Defendants.

United States District Court, N. D. Illinois, E. D.

December 3, 1975.

Attorney(s) appearing for the Case

Edward Slovick, James S. Gordon, Chicago, Ill., for plaintiffs.

David P. List, Henry L. Mason, Chicago, Ill., for International Digisonics.

Max Wildman, Wildman, Harrold, Allen & Dixon, Chicago, Ill., for Heizer.

MEMORANDUM DECISION

MARSHALL, District Judge.

This action presents questions concerning the class of persons who may maintain a private action for equitable relief under Rule 10b-5 of the Securities and Exchange Commission; the scope of the substantive provisions of that Rule; and the appropriate equitable relief to be granted in light of the violations of the Rule which have been proved.

The case was...

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