Legal Opinion

Keyser v. Commonwealth National Financial Corp.

District Court, M.D. Pennsylvania

Decided June 30, 1987No. Civ. 85-1853PublishedCited by 5 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

NEALON, Chief Judge.

Presently before the court 1 is defendants’ Motion for Summary Judgment. All briefs having been filed and oral argument completed as of March 30, 1987, the motion is ripe for disposition. Plaintiffs allege various inadequacies in proxy material used to solicit a merger between Commonwealth National Financial Corporation (Commonwealth) and Mellon Bank Corporation (Mellon) in violation of §§ 10(b) and 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b), 78n(a). In addition, plaintiffs maintain that Commonwealth’s Board of Directors (Board)…

2Cases cited30 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  3. Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
  4. Owens v. Aetna Life & Casualty Co.Supreme Court of the United States · 1981
  5. Gustave Gerstle, (Cross-Appellants) v. Gamble-Skogmo, Inc., (Cross-Appellee)Court of Appeals for the Second Circuit · 1973

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3Cited by5 opinions

  1. Cottle v. Storer Communication, Inc.Court of Appeals for the Eleventh Circuit · 1988
  2. Official Committee of Unsecured Creditors Ex Rel. Estate of Lemington Home for the Aged v. Baldwin (In Re Lemington Home for the Aged)Court of Appeals for the Third Circuit · 2011
  3. Keyser v. Commonwealth National Financial Corp.District Court, M.D. Pennsylvania · 1988
  4. Miller v. Blatstein (In Re Main, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1999
  5. Michael Eden Cottle, Derivatively and Individually and in a Representative Capacity v. Storer Communication, Incorporated, an Ohio Corporation, Nominal Defendant- Kenneth L. Bagwell, Michael Eden Cottle v. Storer Communication, Inc., an Ohio Corporation, Nominal Kenneth L. BagwellCourt of Appeals for the Eleventh Circuit · 1988

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