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GIERINGER v. SILVERMAN

Civ. A. No. 81-C-859.

539 F.Supp. 498 (1982)

Arthur R. GIERINGER; A. John Gieringer; Arthur R. Gieringer as Trustee For Dorothy A. Weiler; Arthur R. Gieringer and A. John Gieringer as Representatives of all Minority Shareholders of Vilter Manufacturing Corporation; and Arthur R. Gieringer and A. John Gieringer as Shareholders on behalf of Vilter Manufacturing Corporation, Plaintiffs, v. A. A. SILVERMAN; E. J. Kocher; Leo V. Ryan; Norma Loos, as Personal Representative of the Estate of Ludwig E. Loos; A. O. Vogel; E. I. Van Housen; W. I. Grant; Norma Loos; Louise E. Fridl; Duff & Phelps, Inc., an Illinois corporation; Vilter Employees' Profit Sharing Plan Trust, Defendants.

United States District Court, E. D. Wisconsin.

May 20, 1982.

Attorney(s) appearing for the Case

Warren S. Blumenthal, Milwaukee, Wis., and Miriam F. Miquelon, Chicago, Ill., for plaintiffs.

David J. Hase, Milwaukee, Wis., for defendants Silverman, Kocher, Ryan, Loos, Vogel, Grant, Fridl & Vilter Emp. Profit Sharing Trust.

Joseph E. Coughlin, Chicago, Ill., for defendant Duff & Phelps.

Francis R. Croak, Milwaukee, Wis., for defendant Van Housen.

DECISION AND ORDER

REYNOLDS, Chief Judge.

This is an action brought pursuant to § 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78j(b), Rule 10b-5, 17 C.F.R. § 240.10b-5, §§ 551.42(3) and 551.59(3), Wis.Stats., and the common law of the State of Wisconsin for compensatory and punitive damages and for removal of the senior officers and directors of the Vilter Manufacturing Corporation ("Vilter"), arising out of a redemption...

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