Globus, Inc. v. Jaroff
District Court, S.D. New York
1Opinion of the Court
MANSFIELD, District Judge.
This is a motion to dismiss as moot this stockholders’ derivative action brought under § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C.A. § 78j(b), and Rule 10B-5, 17 C.F.R. § 240.10b-5, and a cross-motion by plain tiff for the award of counsel fees. The complaint alleges that the individual defendants, the directors of Techmation Corporation (hereinafter “Techmation”), used misleading proxy material to obtain majority stockholder approval required by N.Y.Bus.Corp.Law, McKinney’s Consol.Laws c. 4, § 505(d) (McKinney’s 1967) of a ten-year restricted stock…
2Cases cited11 opinions
- Sprague v. Ticonic National BankSupreme Court of the United States · 1939
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Jules E. Angoff v. Bernard Goldfine, Harold Brown v. Bernard GoldfineCourt of Appeals for the First Circuit · 1959
- Jerome L. Gilson and Morris J. Levy v. Chock Full O'Nuts CorporationCourt of Appeals for the Second Circuit · 1964
- Philip Schechtman v. Louis E. WolfsonCourt of Appeals for the Second Circuit · 1957
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3Cited by15 opinions
- Alexander Kahan, on Behalf of Himself and All Others Similarly Situated v. Lewis RosenstielCourt of Appeals for the Third Circuit · 1970
- Dillon v. BergDistrict Court, D. Delaware · 1971
- Reiser v. Del Monte Properties Co.Court of Appeals for the Ninth Circuit · 1979
- Mary Jane Schmidt, as Trustee of the Revocable Living Trust of Harry J. Hoenselaar v. C. Vincent Zazzara and John H. Kirk, Jr.Court of Appeals for the Ninth Circuit · 1976
- Volk v. ZlotoffDistrict Court, S.D. New York · 1968
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