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BERG v. FIRST AMERICAN BANKSHARES, INC.

Civ. A. No. 83-3887.

599 F.Supp. 500 (1984)

Stephen BERG, et al., Plaintiffs, v. FIRST AMERICAN BANKSHARES, INC., et al., Defendants.

United States District Court, District of Columbia.

October 19, 1984.

Attorney(s) appearing for the Case

Sara E. Lister, Patterson, Belknap, Webb & Tyler, Washington, D.C., David J. Eiseman, Golenbock, Eiseman, Assor & Bell, New York City, for plaintiffs.

Paul C. Warnke, J. Griffin Lesher, Robert P. Reznick, Kathy E. Manning, Washington, D.C., for defendants.

MEMORANDUM OPINION

NORMA HOLLOWAY JOHNSON, District Judge.

This case and a related class claim (Kas v. Financial General Bankshares, Inc., C.A. 82-1996) arise out of a private merger involving Financial General Bankshares, Inc. (Financial General), a Virginia corporation, pursuant to which all publicly held shares of stock in the corporation, including those of the plaintiffs in both suits, were cancelled and converted into a right to receive a specified...

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