Irving Bank Corp. v. Bank of New York Co., Inc.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge:

Plaintiff Irving Bank Corporation (“Irving”) is presently involved in a prolonged, much-publicized, adverse relationship with Defendant The Bank of New York Company, Inc. (“BNY”). That relationship arises out of BNY’s effort, resisted by Irving’s board to take Irving over. Irving commenced this action under the federal securities laws to compel BNY to make additional disclosures to Irving shareholders. Irving seeks preliminary injunctive relief toward that end. For the reasons which follow, I conclude that this Court, sitting in equity,…