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AUSTIN v. CONSOLIDATED EDISON CO. OF NEW YORK, INC.

No. 92 Civ. 1576 (MBM).

788 F.Supp. 192 (1992)

Stewart AUSTIN, Daniel J. Daly, and Leonard Hoffman, Plaintiffs, v. CONSOLIDATED EDISON COMPANY OF NEW YORK, INC., Defendant.

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

March 26, 1992.

Attorney(s) appearing for the Case

Irwin Geller, Seth Goldstein, Flushing, N.Y., for plaintiffs.

Charles E. McTiernan, Jr., Lawrence S. Menkes, Paula F. Jones, New York City, for defendant.

OPINION AND ORDER

MUKASEY, District Judge.

The three plaintiffs are stockholders of defendant; in addition, plaintiff Stewart Austin is a business agent and plaintiffs Daniel J. Daly and Leonard Hoffman are shop stewards of Local 1-2, Utility Workers Union (the "Union"), which represents defendant's employees. They sue as shareholders only. Defendant supplies gas, electricity and steam to customers in the New York metropolitan area.

Plaintiffs would...

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