James E. WOMBLE, et al., Plaintiffs,
v.
J.R. DIXON, III, et al., Defendants.
United States District Court, E.D. Virginia, Norfolk Division.https://leagle.com/images/logo.png
November 29, 1983.
November 29, 1983.
Attorney(s) appearing for the Case
Hugh A. West, Suffolk, Va., and I. Walton Bader, White Plains, N.Y., for plaintiffs-appellants.
McGuire, Woods & Battle, Richmond, Va. and J. Lewis Rawls, Jr., Suffolk, Va., for J.R. Dixon, III.
Seawell, Dalton, Hughes & Timms, Norfolk, Va., for William M. Fulgham, G.R. Joyner, Jr., G. Hinson Parker, Jr., Henry L. Gardner, Jr., Durrell V. Mills, Jack W. Nurney, Jr., and John C. Harr, III.
Weinberg & Stein, Norfolk, Va., for M.W. Staylor, Jr.
William D. Bayliss, Richmond, Va., and C. Michael Montgomery, Norfolk, Va., for G. Hinson Parker, Jr.
Joseph L. Lyle, Jr., Virginia Beach, Va., for D. Bart Frye.
Kaufman & Canoles, Norfolk, Va., and Vartanian, Christy, Berkow, Simon & Grace, Washington, D.C., for Federal Home Loan Bank Bd. and Federal Sav. and Loan Ins. Corp.
Vandeventer, Black, Meredith & Martin, Norfolk, Va., for Irvin A. Garner.
Hofheimer, Nusbaum, McPhaul & Brenner, Norfolk, Va. and Fossett & Brugger, Seabrook, Md., for Stephen P. Kisska.
Louis T. Urbanczyk, Baileys Crossroads, Va., and Lester M. Bridgeman, Washington, D.C., for Lykes M. Boykin.
United States District Court, E.D. Virginia, Norfolk Division.
ORDER
DOUMAR, District Judge.
This matter arises on various motions filed by both the plaintiffs and defendants. The primary issue raised is whether the plaintiffs, stockholders of the First Savings and Loan Association of Suffolk ("First Savings"), have standing in this shareholder derivative action to assert claims against the former officers and directors of the now defunct savings and loan association, the Federal Savings and Loan Insurance Corporation...
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