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KAUFMAN v. CAMPEAU CORP.

Civ. No. C-1-89-0636.

744 F.Supp. 808 (1990)

Sidney KAUFMAN, Plaintiff, v. CAMPEAU CORPORATION, et al., Defendants.

United States District Court, S.D.Ohio, W.D.

August 2, 1990.

Attorney(s) appearing for the Case

Gene Mesh, Cincinnati, Ohio, C. Oliver Burt, Haverford, Pa., Daniel Krasner, New York City, for plaintiff.

James Adams, Cincinnati, Ohio, Thomas Palmer, Columbus, Ohio, John Beerbower, New York City, for defendants.

ORDER REGARDING CANADIAN SHAREHOLDERS

CARL B. RUBIN, District Judge.

Defendants contend that Canadian shareholders who purchased their shares on Canadian stock exchanges should not be included in the class. They allege that these individuals are subject to a defense of lack of subject matter jurisdiction which is unique to their claims.

The federal securities laws provide no indication as to when American federal courts have jurisdiction over securities...

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