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FOSTER v. LITTON INDUSTRIES, INC.

No. 76 Civ. 5157 (VLB).

431 F.Supp. 86 (1977)

Howard FOSTER and Karen Foster, suing derivatively as stockholders in the right and for the benefit of Compucorp, Plaintiffs, v. LITTON INDUSTRIES, INC. and Litton Business Systems, Inc. (including its division Monroe International Division), Defendants, and Compucorp, Nominal Defendant.

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

January 6, 1977.

Attorney(s) appearing for the Case

Bailey, Marshall, Hoeniger & Freitag, New York City, for plaintiffs.

Litton Industries, Inc., New York City, Cutler & Cutler, Los Angeles, Cal., for defendants.

VINCENT L. BRODERICK, District Judge.

This action is brought by the plaintiffs derivatively as stockholders of Compucorp in the right and for the benefit of Compucorp. The complaint seeks relief for alleged violations of the Federal securities and antitrust laws, as well as for the alleged breach of certain common law duties owed by the defendants.

The defendants Litton Industries Inc. and Litton Business Systems...

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