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MENDELL v. GREENBERG

No. 81 Civ. 3483 (JES).

715 F.Supp. 85 (1989)

Ira L. MENDELL, on behalf of himself and others similarly situated, Plaintiff, v. George J. GREENBERG, Frederick R. Adler, James R. Swartz, Anita Loehmann Stafford, Donald H. Balleisen, Allan S. Gordon, Christopher D. Illick, Cecily C. Selby, Kenneth J. Thornhill, John D. Mack, AEA Investors Inc., LHI Inc., LH Investors Inc., Loehmann's Inc., and Drexel Burnham Lambert Incorporated, Defendants.

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

June 16, 1989.

Attorney(s) appearing for the Case

Kaufman Malchman Kaufmann & Kirby, New York City, for plaintiff; Irving Malchman, of counsel.

Fulbright Jaworski & Reavis McGrath, New York City, for defendants George J. Greenberg, Frederick R. Adler, James R. Swartz, Allan S. Gordon, Christopher D. Illick and Cecily C. Selby; David C. Birdoff, Neil G. Sparber, Maria Savio, of counsel.

Kelley Drye & Warren, New York City, for defendants AEA Investors Inc., LHI Inc., LH Investors Inc., LH Holdings Inc. and Loehmann's Inc.; Arnold S. Klein, Kimberly Unger, of counsel.

Hughes Hubbard & Reed, New York City, for defendants Anita Loehmann Stafford and John D. Mack; Robert W. Brundige, Jr., Stuart Hendel, of counsel.

OPINION AND ORDER

SPRIZZO, District Judge:

In this action, plaintiff Ira L. Mendell alleges that a proxy statement issued with respect to a merger between Loehmann's, Inc. ("Loehmann's") and a company organized and controlled by AEA Investors Inc. ("AEA") was false and misleading due to the misstatement or omission of material facts in violation of section 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. § 78n(a), and Rule 14a-9, 17 C.F.R. &...

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