Twentieth Century-Fox Film Corp. v. Jenkins

CAFFEY, District Judge.

This is an action under Section 16(b) of the Securities Exchange Act of 1934, Section 78p(b), Title 15, U.S.C.A., to recover from defendant, an officer and director of plaintiff, the sum of $15,655.81, alleged to be the profit made by him upon the purchase and sale on the same day of 600 shares of plaintiff’s common stock. Helen Silverstein, claiming to be the owner for more than two years of 100 shares of the stock, moves to intervene as a party plaintiff under Rule 24(a)(2) of the Federal Rules of Civil Procedure, 28 U.S.C.A. following section 723c. The motion is…