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SAUNDERS LEASING v. SOCIETE HOLDING GRAY D'ALBION

Civ. A. No. 79-G-1138-S.

507 F.Supp. 627 (1981)

SAUNDERS LEASING SYSTEM, INC., Plaintiff, v. SOCIETE HOLDING GRAY D'ALBION S.A., Societe De Gestion De Valeurs Mobilieres S.A.R.L., and Gerard Fraikin, Defendants.

United States District Court, N. D. Alabama, S. D.

January 30, 1981.

Attorney(s) appearing for the Case

Samuel H. Franklin and Hobart, McWhorter, Bradley, Arant, Rose & White, Birmingham, Ala., for plaintiff; Wachtell, Lipton, Rosen & Katz, New York City, of counsel.

L. Vastine Stabler, Jr., Cabaniss, Johnston, Gardner, Dumas & O'Neal, Birmingham, Ala., for defendants; Rogers & Wells, New York City, of counsel.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

GUIN, District Judge.

This is an action seeking injunctive and other appropriate relief pursuant to alleged violations of Section 13(d) of the Securities Exchange Act of 1934, 15 U.S.C. § 78m(d), in connection with the defendants' acquisition of the common stock of Saunders Leasing System, Inc. Jurisdiction over this action is further granted by Section 27 of the Securities Exchange Act, 15 U.S.C. § 78aa...

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