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AVNET, INC. v. SCOPE INDUSTRIES

No. 80 Civ. 4513.

499 F.Supp. 1121 (1980)

AVNET, INC., Plaintiff, v. SCOPE INDUSTRIES and Meyer Luskin, Defendants.

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

As Amended November 25, 1980.

Attorney(s) appearing for the Case

Skadden, Arps, Slate, Meagher & Flom, New York City, for plaintiff; Michael W. Mitchell, Robert E. Zimet, James E. Lyons, Philip M. Cedar, Peter L. Zurkow, New York City, of counsel.

Cleary, Gottlieb, Steen & Hamilton, New York City, for defendants; Edmund H. Kerr, Edwin B. Mishkin, Judith Ripps, Thomas J. Moloney, Jonathan I. Blackman, Yaron Reich, New York City, of counsel.

LASKER, District Judge.

I. The Facts

On October 15, 1979, after acquiring 5.4% of the outstanding shares of common stock of Avnet, Inc., Scope Industries filed a Schedule 13D with the Securities and Exchange Commission pursuant to section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C. § 78m(d), and SEC Regulation 13D, 17 C.F.R. § 240.13d-1 et seq., which require the disclosure of specified information...

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