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SANDERS v. THRALL CAR MFG. CO.

No. 79 Civ. 4292-CSH.

582 F.Supp. 945 (1983)

Phyllis SANDERS, Plaintiff, v. THRALL CAR MANUFACTURING COMPANY; Arthur M. Barrett, Jr.; Thomas J. Boyce, Jr.; John J. Bergstrom; Stanley D. Christianson; Richard Duchossois; George F. Gerk, Sr.; Robert H. Hayes; Paul T. Kessler, Jr.; James L. Krum; Ralph Schultz; Joseph V. Scott; John P. Sommers; and Chamberlain Manufacturing Corporation, Defendants.

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

September 16, 1983.

Attorney(s) appearing for the Case

Avrom S. Fischer, Brooklyn, N.Y., for plaintiff.

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendants Thrall Car Mfg. Co., Barrett, Christianson, Duchossois, Gerk, Hayes, Scott and Chamberlain Mfg. Corp.; Lewis A. Kaplan, Harriet L. Goldberg, New York City, of counsel.

Parker, Auspitz, Neesemann & Delehanty, New York City, for defendants Boyce, Bergstrom, Kessler, Krum, Schultz and Sommers; Charles S. Barquist, Jack C. Auspitz, New York City, of counsel.

HAIGHT, District Judge:

Plaintiff Phyllis Sanders, a former minority shareholder of defendant Chamberlain Manufacturing Corporation ("Chamberlain"), brings this action to redress alleged violations of the Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq., arising out of events preceding defendant Thrall Car Manufacturing Company's ("Thrall") 1979 tender offer for Chamberlain shares. Also named as defendants are Chamberlain and the individual members...

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