Legal Opinion

ALLIED ARTISTS PICTURES CORPORATION v. D. Kaltman & Co.

District Court, S.D. New York

Decided September 25, 1967No. 67 Civ. 3471PublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM

FREDERICK van PELT BRYAN, District Judge:

Plaintiff moves to stay a proceeding in the New York Supreme Court in which defendant Kaltman & Co. seeks to compel the plaintiff corporation to call a special meeting of holders of the corporation’s preferred stock for the purpose of electing new directors.

Plaintiff’s amended complaint sets forth two claims for relief. The first claim, based upon § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j, and Commission Rule 10b-5, as-serfs that defendants’ open market purchases of Allied’s preferred stock, and their brief use of a…

2Cases cited9 opinions

  1. McNutt v. General Motors Acceptance Corp.Supreme Court of the United States · 1936
  2. Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
  3. Leo Vine v. Beneficial Finance Company, Inc., and Charles H. Dowd, Stuart A. Wixson, George J. Springer, C. H. Donohue and Crown Finance Company, Inc.Court of Appeals for the Second Circuit · 1967
  4. A. T. Brod & Co. v. Jack Perlow and Adele Perlow, Also Known as Adele WagnerCourt of Appeals for the Second Circuit · 1967
  5. Studebaker Corporation v. Richard D. GittlinCourt of Appeals for the Second Circuit · 1966

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3Cited by1 opinion

  1. General Time Corporation v. American Investors Fund, Inc.District Court, S.D. New York · 1968

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