ZIMMERMAN v. BELL

Civ. No. Y-82-2658.

585 F.Supp. 512 (1984)

Ilse ZIMMERMAN, et al. v. Griffin B. BELL, et al.

United States District Court, D. Maryland.

May 8, 1984.


Attorney(s) appearing for the Case

Leon J. Rudd, Baltimore, Md., and Irving Bizar, New York City, for plaintiffs.

George Beall, Baltimore, Md., and Robert C. Myers, New York City, for defendants.


MEMORANDUM

JOSEPH H. YOUNG, District Judge.

The plaintiffs, stockholders in the Martin Marietta Corporation ("Martin"), have filed this derivative action against several directors of the company for their activities in opposing a hostile tender offer by the Bendix Corporation. The complaint in this action alleges that the defendants breached their fiduciary duty to the corporation and engaged in a waste of corporate assets to perpetuate their control over...

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