Fed. Sec. L. Rep. P 93,146 David Colan v. Cutler-Hammer, Inc., Eaton Corporation, and Koppers Company, Inc., Defendants
Court of Appeals for the Seventh Circuit
1Per curiam
The plaintiff, David Colan, brings this derivative action on behalf of Eaton Corporation, pursuant to § 16(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78p(b) (1982), to recover short-swing profits allegedly obtained by defendant-appellee Koppers Company through transactions made in 1978 in the stock of Cutler-Hammer, Inc. Due to a merger between these two companies, Cutler-Hammer’s assets are now owned by Eaton. The district court entered summary judgment for Koppers and we affirm.
The plaintiff alleges that Koppers and Eaton entered into a secret agreement pursuant to which…
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- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
- In re TCI Ltd.Court of Appeals for the Seventh Circuit · 1985
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