Galdi v. Berg

OPINION

LATCHUM, District Judge.

The plaintiffs as stockholders of Scot-ten, Dillon Company (“Scotten”) brought this action on July 16, 1971 derivatively on Scotten’s behalf and representatively on behalf of all other Scotten stockholders similarly situated. The named individuals were Steven Berg (“Berg”), Ernest Summers (“Summers”), George K. Bissell (“Bissell”), William Lerner (“Lerner”), S. Geyer Bean (“Bean”), William M. Prifti ('“Prifti”), Harold Gray (“Gray”), Len J. Dillon (“Dillon”), Fred R. Davis (“Davis”) and Ralph R. Power (“Power”), all of whom at one time or another served or…