Mayer v. Chesapeake Insurance

KEARSE, Circuit Judge:

Plaintiff Mary Mayer appeals from a final judgment entered in the United States District Court for the Southern District of New York following a bench trial before John F. Keenan, Judge, awarding $4,858.50, plus interest, against defendant APL Corporation (“APL”), on her claim that APL and the other defendants controlled by defendant Victor Posner (collectively the “Posner companies”) had obtained short-swing profits in the common stock of Peabody International Corporation (“Peabody”), in violation of § 16(b) of the Securities Exchange Act of 1934 (“Exchange Act” or…