McDonnell v. Tabah

The background of what the trial judge quite properly described as “a bold and outrageous corporate swindle,” involving one million fraudulently issued shares of the common stock of Doeskin Products, Inc. is described in the opinions written in connection with certain interlocutory proceedings. See Ferguson v. Birrell, S.D.N.Y., 1960, 190 F.Supp. 506, aff’d sub nom. Ferguson v. Tabah, 2 Cir., 1961, 288 F.2d 665.

Defendant Fred Tabah now appeals-from a judgment on the merits, after a non-jury trial, finding appellant not to-be a bona fide purchaser of 200,000 shares of the common stock of…