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WEISSMAN v. ALLIANCE CAPITAL MANAGEMENT CORP.

No. 84 Civ. 8904 (WCC).

650 F.Supp. 101 (1986)

Susan J. WEISSMAN, Plaintiff, v. ALLIANCE CAPITAL MANAGEMENT CORPORATION, Donaldson, Lufkin & Jenrette Securities Corporation, Donaldson, Lufkin & Jenrette, Inc., and Alliance Capital Reserves, Defendants.

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

As Amended January 6, 1987.

Attorney(s) appearing for the Case

Milberg Weiss Bershad Specthrie & Lerach, New York City (Richard M. Meyer, of counsel), for plaintiff.

Seward & Kissel, New York City (Anthony R. Mansfield, of counsel), for defendants Alliance Capital Management Corp., Donaldson, Lufkin & Jenrette Securities Corp. and Donaldson, Lufkin & Jenrette, Inc.

Obermaier, Morvillo & Abramowitz, P.C., New York City (Otto G. Obermaier, of counsel), for defendant Alliance Capital Reserves.

WILLIAM C. CONNER, District Judge:

This shareholders' derivative action is before the Court on the application of plaintiff's attorneys for an award of counsel fees and expenses.

Background

Plaintiff Susan J. Weissman, a shareholder of defendant Alliance Capital Reserves ("the Fund"), a money-market mutual fund, brought the action under the Investment Company Act of 1940 ("the Act"), as amended...

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