Legal Opinion
Barnes v. Osofsky
District Court, S.D. New York
Decided June 8, 1966No. 63 Civ. 3332, 63 Civ. 3391, 64 Civ. 2544PublishedCited by 5 opinions
1Opinion of the Court
RYAN, Chief Judge.
This is an application pursuant to Rule 23(c) F.R.Civ.P. for judicial approval of a stipulation and agreement of compromise and settlement. A hearing on notice to all parties, the Securities and Exchange Commission and to all persons who were shareholders of defendant, Aileen, Inc. between September 10, 1965 and December 17, 1965, was held on February 15, 1966, at which all present were given an opportunity to be heard or object to the proposed settlement.
All of these actions have been maintained under Section 11 of the Securities Act of 1933. Originally, the complaint in…
2Cases cited1 opinion
- Fischman v. Raytheon Mfg. Co.Court of Appeals for the Second Circuit · 1951
3Cited by5 opinions
- Arthur Barnes v. Meyer Osofsky, Alfred N. Greenberg v. Aileen, Inc., Reginald Smith v. Aileen, Inc.Court of Appeals for the Second Circuit · 1967
- Cannon v. Texas Gulf Sulphur Co.District Court, S.D. New York · 1972
- Schleiff v. Chesapeake & Ohio Railway Co.District Court, S.D. New York · 1967
- Klein v. A.G. Becker Paribas Inc.District Court, S.D. New York · 1986
- Colonial Realty Corporation v. Brunswick CorporationDistrict Court, S.D. New York · 1966