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BILLARD v. ROCKWELL INTERN. CORP.

78 Civ. 4543 (MEL).

526 F.Supp. 218 (1981)

Gordon Y. BILLARD and Edith Citron on behalf of themselves and all others similarly situated, Plaintiffs, v. ROCKWELL INTERNATIONAL CORPORATION and Lehman Brothers Kuhn Loeb, Inc., Defendants.

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

November 17, 1981.

Attorney(s) appearing for the Case

Kelly, Black, Black, Wright & Earle, P.A., Kenny, Nachwalter & Seymour, P.A., Miami, Fla., Kaufman, Taylor, Kimmel & Miller, New York City, for plaintiffs; Stanley L. Kaufman, Irving Malchman, New York City, of counsel.

Chadbourne, Parke, Whiteside & Wolff, New York City, for defendant Rockwell Intern. Corp.; Donald I. Strauber, Edwin D. Scott, Terry A. Thompson, Shana R. Conron, New York City, of counsel.

Simpson, Thacher & Bartlett, New York City, for defendant Lehman Bros. Kuhn Loeb Inc.; Edward J. Nowak, New York City, of counsel.

LASKER, District Judge.

This action arises from a tender offer made by defendant Rockwell International Corporation ("Rockwell"), with the assistance of defendant Lehman Brothers Kuhn, Loeb, Inc. ("Kuhn"), its investment banker, for the shares of Collins Radio Company ("Collins") on August 20, 1973.

I.

Collins, once a prosperous enterprise, had suffered serious economic reversals and, in 1971, was close...

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