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TRANE CO. v. O'CONNOR SECURITIES

No. 82 Civ. 4668 (RLC).

561 F.Supp. 301 (1983)

The TRANE COMPANY, Plaintiff, v. O'CONNOR SECURITIES, et al. O'CONNOR SECURITIES, et al., Counterclaimants, v. The TRANE COMPANY, et al., Counterclaim Defendants.

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

March 31, 1983.

Attorney(s) appearing for the Case

Cleary, Gottlieb, Steen & Hamilton, New York City, for plaintiff The Trane Co.; Edmund H. Kerr, Judith A. Ripps, Neil P. Forrest, Nancy E. Schwarzkopf, New York City, of counsel.

Kramer, Levin, Nessen, Kamin & Soll, New York City, for defendants O'Connor Securities and O'Connor Associates; Daniel P. Levitt, Greg A. Danilow, Scott D. Heller, Andrea M. Likwornik, New York City, of counsel.

OPINION

ROBERT L. CARTER, District Judge.

The Trane Company ("Trane"), principally engaged in the manufacture and sale of air conditioning equipment, is a Wisconsin corporation with its principal place of business in La Crosse, Wisconsin. Trane's common stock is traded on the New York and Midwest stock exchanges, and as of April 20, 1982, Trane had approximately 10,201,788 shares of common stock outstanding held by 4,400 shareholders of record.

Defendants...

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