District Court, S. D. New York.https://leagle.com/images/logo.png
January 11, 1943.
January 11, 1943.
Attorney(s) appearing for the Case
A. Joseph Geist, of New York City (George E. Netter, Karl Leibel, and Mortimer A. Shapiro, all of New York City, of counsel), for plaintiff.
Szold & Brandwen, of New York City (Robert Szold and Charles J. Tanenbaum, both of New York City, of counsel), for intervening plaintiff Rosalie J. Leventritt.
Bijur & Herts, of New York City (Harry Bijur and Harold Herts, both of New York City, of counsel), for intervening plaintiff Frederick W. Scholem.
Harper & Matthews, of New York City (Albert C. Rothwell and Cornelius D. Crowley, Jr., both of New York City, of counsel), for defendant, Sperry Corporation.
Humes, Buck, Smith & Stowell, of New York City, for defendant George N. Armsby.
Chadbourne, Hunt, Jaeckel & Brown, of New York City (Ralph P. Buell and William H. Hall, both of New York City, of counsel), for defendants Standard Capital Co. and J. Cheever Cowdin.
George Z. Medalie and Louis Haimoff, both of New York City, for defendants Thomas A. Morgan and others.
Skutch, Meyer & Burton, of New York City (Ira Skutch and Harold Schwarzberg, both of New York City, of counsel), for defendant Edward Allen Pierce.
DeBevoise, Stevenson, Plimpton & Page, of New York City (E. W. DeBevoise, of New York City, of counsel), for defendant Alexander B. Royce.
Sullivan & Cromwell, of New York City (Inzer B. Wyatt, of New York City, of counsel), for defendant J. Russell Forgan and others.
District Court, S. D. New York.
RIFKIND, District Judge.
The action is a derivative stockholders' suit brought by minority stockholders of the Sperry Corporation against directors of that corporation and others.
The evidence establishes conclusively that in the Spring of 1936, a controversy, attended by considerable bitterness, developed between the Sperry Corporation on the one side and Cowdin and Standard Capital Company on the other. The Sperry Corporation demanded of Cowdin and Standard...
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