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CASPARY v. LOUISIANA LAND AND EXPLORATION CO.

No. 83 Civ. 4065.

579 F.Supp. 1105 (1983)

Delo H. CASPARY, Plaintiff, v. The LOUISIANA LAND AND EXPLORATION COMPANY, John G. Phillips, Richard T. Baker, R. Manning Brown, Jr., John P. Harbin, Herman Ponder, Arthur P. Taylor, W.R. Timken, Jr., Joseph F. Toot, Jr., E.L. Williamson, Louis H. Wilson and CT Corporation, Defendants. The LOUISIANA LAND AND EXPLORATION COMPANY, Counterclaim-Plaintiff, v. Delo H. CASPARY, et al., Counterclaim-Defendants.

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

July 19, 1983.

Attorney(s) appearing for the Case

Steven Greiner, Wilkie, Farr & Gallaher, New York City, for plaintiffs.

Raymond Falls, Cahill Gordon & Reindel, New York City, for defendants.

MEMORANDUM DECISION

GAGLIARDI, District Judge.

Plaintiff Delo Caspary commenced this action against the Louisiana Land and Exploration Company ("LL & E") and the members of its board of directors alleging that defendants violated section 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. § 78n(a), and Rule 14a-9 promulgated thereunder, 17 C.F.R. § 240.14a-9 (1982) ("Rule 14a-9") by disseminating materially misleading proxy materials in...

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