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SPEED v. TRANSAMERICA CORP.

Civ. A. Nos. 480, 468, 490.

100 F.Supp. 463 (1951)

SPEED et al. v. TRANSAMERICA CORP. FRIEDMAN et al. v. TRANSAMERICA CORP. ZAHN v. TRANSAMERICA CORP.

United States District Court D. Delaware.

October 18, 1951.

Attorney(s) appearing for the Case

Daniel O. Hastings, Ayres J. Stockly and Thomas R. Hunt (Hastings, Stockly, Walz & Wise), all of Wilmington, Del., Arthur Frank and Claude L. Gonnet (Frank & Gonnet), of New York City, for plaintiffs Speed and others.

Samuel J. Levinson, Frank Weinstein and Robert Bernstein, all of New York City, and Samuel Handloff, of Wilmington, Del., for plaintiffs Friedman and others.

Daniel O. Hastings, Ayres J. Stockly and Thomas R. Hunt (Hastings, Stockly, Walz & Wise), all of Wilmington, Del., Arthur Frank and Claude L. Gonnet (Frank & Gonnet), of New York City, for plaintiffs Zahn.

Hugh M. Morris, Edwin D. Steel, Jr. and William S. Megonigal, Jr. (Morris, Steel, Nichols & Arsht), all of Wilmington, Del., for defendant.

Roger S. Foster, General Counsel, Milton P. Kroll, Asst. General Counsel, and Alexander Cohen, Attorney, all of Washington, D. C., for Securities and Exchange Commission for amici curiæ.

William H. Foulk and Herbert L. Cobin of Wilmington, Del., for interveners.

LEAHY, Chief Judge.

As the terminal date approaches of what has been an unusually lengthy litigation, after trial, argument and opinion and just as a formal decree is about to be entered, defendant petitions the Court for an order to reopen the case to take new evidence— which defendant says is of decisive importance —to establish defendant had no preconceived intent or plan to capture the increased inventory...

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