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FRIEDLANDER v. NIMS

Civ. A. No. C82-1900A.

571 F.Supp. 1188 (1983)

Herman FRIEDLANDER, Plaintiff, v. Jerry C. NIMS, et al., Defendants.

United States District Court, N.D. Georgia, Atlanta Division.

September 30, 1983.

Attorney(s) appearing for the Case

Edward L. Greenblatt, Atlanta, Ga., Richard B. Dannenberg, New York City, for plaintiff.

William G. Vance, Atlanta, Ga., for Nims, Lo, and Seifert.

James S. Stokes, IV, Atlanta, Ga., for Nimslo Technology Ltd., Nimslo Corp., Olsen, Davidson, and Fred. Olsen, Ltd.

J. Wallace Adair, Ralph J. Savarese, and Gaspare J. Bono, Washington, D.C., Kent E. Mast and Richard M. Kirby, Atlanta, Ga., for Timex Corp.

Emmet J. Bondurant, II, Atlanta, Ga., for Seifert.

Thornton W. Morris, Atlanta, Ga., for Bostic.

ORDER

SHOOB, District Judge.

This is an action alleging (1) violation of federal securities laws, (2) violation of Georgia securities laws, (3) violation of the Racketeer Influenced and Corrupt Organizations law, and (4) breach of fiduciary duty under Georgia state law. The plaintiff, Herman Friedlander, sues individually and on behalf of a proposed class of persons who held non-controlling shares in Nimslo Technology, Inc. ("NTI") which was, before its...

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