POMERANTZ v. CLARK

Civ. A. Nos. 50-615, 50-624, 50-929, 51-67, 51-74, 51-79, 51-98, 51-132, 51-185, 51-260, 51-261, 51-415.

101 F.Supp. 341 (1951)

POMERANTZ v. CLARK et al., and eleven other cases.

United States District Court D. Massachusetts.

November 30, 1951.


Attorney(s) appearing for the Case

Julius Levy, 295 Madison Avenue, New York City, Harold Brown, Boston, Mass., Matthew Cohen, Boston, Mass., Pomerantz, Levy, Schreiber & Haudek, New York City, Leo Sontag, Holtz & Rose, Bernard Kaplan, Max Singer, Paul G. Counihan, Meyer A. Moscow, Jacob Shactman, and Frank A. Silver, all of Boston, Mass., of counsel, for plaintiffs who argued in opposition to motions to dismiss.

Charles B. Rugg, Thomas H. Mahony, Boston, Mass., Rowland Long, Springfield, Mass., Daniel Lyne, Harold Taylor, H. Le-Baron Sampson, John M. Hall, and Edward C. Park, all of Boston, Mass., Bingham, Dana & Gould, Choate, Hall & Stewart, Lyne, Woodworth & Evarts, Ropes, Gray, Best, Coolidge & Rugg, and Withington, Cross, Park & McCann, all of Boston, Mass., of counsel, for defendants who argued in favor of motions to dismiss.


WYZANSKI, District Judge.

Motions to dismiss complaints for failure to state a cause of action have been filed by all defendants in twelve companion cases. These cases involve similar charges brought by minority policyholders against directors of two insurance companies and other persons alleged to have participated in corporate loans said to have been improper and unlawful. The reasons why these motions must be granted can be most conveniently stated by selecting...

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