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BORDERS ELECTRONICS CO., INC. v. WHIRLPOOL CORP.

No. 82 Civ. 0294.

531 F.Supp. 125 (1982)

BORDERS ELECTRONICS CO., INC., Harriet Greenfield, Mary Tendrich and Arthur Ross, individually, and on behalf of themselves and all other stockholders of General Linear Corp., Plaintiffs, v. WHIRLPOOL CORPORATION, General Linear Corporation, C. M. Brimer, individually and as Co-Executor of the Estate of J. W. von Brimer, Deceased, John Quirk, individually and as Co-Executor of the Estate of J. W. von Brimer, Deceased, and John G. Spann, Defendants.

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

February 1, 1982.

Attorney(s) appearing for the Case

Jacobson & Bailin, New York City, for plaintiffs; Marc Jacobson, Bruce Levinson, New York City, of counsel.

Carro, Spanbock, Londin, Fass & Geller, New York City, for defendants General Linear Corp. and John Quirk; Michael L. Hirschfeld, Mark H. Budoff, New York City, of counsel.

OPINION

WEINFELD, District Judge.

In this action plaintiffs seek to recover on their own behalf and on behalf of all other stockholders of General Linear Corp. ("GLC") similarly situated, at least $1,400,000 and punitive damages upon allegations that the defendant John Quirk ("Quirk") together with J. W. von Brimer, now deceased ("von Brimer"), whose executor is also named as a defendant, engaged in various fraudulent acts of commission and omission and...

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