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PITTSBURGH TERMINAL CORPORATION v. BALTIMORE AND OHIO RAILROAD

No. C84-1267.

662 F.Supp. 430 (1987)

PITTSBURGH TERMINAL CORPORATION, etc., Plaintiff, v. The BALTIMORE AND OHIO RAILROAD the Chesapeake and Ohio Railway CSX Corporation John T. Collinson Alvin R. Carpenter Roland W. Donnem Paul R. Goodwin Norman G. Halpern John S. Lanahan Kenneth C. Morriss Richard G. Rayburn, Defendants.

United States District Court, N.D. Ohio, E.D.

March 31, 1987.

Attorney(s) appearing for the Case

Michael P. Malakoff, Virginia L. Reichard, Gallagher, Sharp, Fulton & Norman, Joseph F. McDonough, Manion, McDonough & Lucas, Pittsburgh, Pa., for plaintiff.

Charles F. Clarke, Eben G. Crawford, James J. Maiwurm, Francis Floriano Goins, Squire, Sanders & Dempsey, Robert F. Hochwarth, Gen. Atty., Chessie System Railroads, Cleveland, Oh., for defendants.

JUDGMENT ENTRY

KRENZLER, District Judge.

The plaintiff, Pittsburgh Terminal Corporation ("PTC"), a Pennsylvania corporation, brought this shareholder derivative action for The Baltimore and Ohio Railroad ("B & O"), a Maryland corporation, against the B & O, The Chesapeake and Ohio Railway ("C & O"), CSX Corporation ("CSX"), and eight officers and directors of B & O and C & O. In Count One of the complaint, the plaintiff alleges that the...

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