Gerstle v. Gamble-Skogmo, Inc.

BARTELS, District Judge.

This is an application for counsel fees and disbursements, accountants’ fees, and expenses of certain assistants' engaged by counsel in the prosecution of a minority stockholders’ class action against Gamble-Skogmo, Inc. (“Skogmo”), arising out of a breach of fiduciary obligations by Skogmo and certain omissions and misrepresentations in proxy material delivered to stockholders of General Outdoor Advertising Co., Inc. by Skogmo in support of its merger with the latter corporation. The complaint demanded an accounting and restitution predicated primarily upon a…