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LEWIS v. VALLEY

No. 77 Civ. 5788(PNL).

476 F.Supp. 62 (1979)

Harry LEWIS, Plaintiff, v. F. Wayne VALLEY et al., Defendants.

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

July 2, 1979.

Attorney(s) appearing for the Case

Morris J. Levy, New York City, for plaintiff.

H. Bartow Farr, Jr., Stephen A. Weiner, New York City, for defendants.

LEVAL, District Judge.

This action is brought by a shareholder, Harry Lewis, in "derivative" and "representative" capacity against the Singer Company and present and former directors. The first four counts seek to set aside four different executive compensation and stock option plans1 on the grounds that the proxy material which solicited approval of the plans violated Section 14 of the Securities...

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