American Carriers, Inc. v. Baytree Investors, Inc.

MEMORANDUM AND ORDER

EARL E. O’CONNOR, Chief Judge.

This matter is presently before the court on defendants’ motion to dismiss and on plaintiff’s motion for a preliminary injunction against defendants, seeking to: (1) enjoin the defendants from making or announcing a tender offer for American Carriers, Inc. stock unless prior to making any such offer defendants make a “corrective” disclosure of their February 3rd tender offer by complying with the Securities Exchange Act of 1934, make a rescission offer to all American Carriers shareholders who purchased shares from February 3 through February…