SPEED v. TRANSAMERICA CORP.

Civ. A. Nos. 430, 468, 490.

99 F.Supp. 808 (1951)

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

United States District Court D. Delaware.

Subsequent Opinion September 20, 1951.


Attorney(s) appearing for the Case

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

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, William S. Speed and Jack Friedman et al.

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

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

Samuel J. Levinson, Frank Weinstein and Robert Bernstein, all of New York City, and Samuel Handloff, of Wilmington, Del., for plaintiffs, Philip Zahn et al.


Subsequent Opinion September 20, 1951. See 100 F.Supp. 461.

LEAHY, Chief Judge.

Speed v. Transamerica: CA 480.

Plaintiffs' amended complaint seeks damages from Transamerica Corporation for alleged fraud and deceit in the purchase from plaintiffs of certain shares of stock of Axton-Fisher Tobacco Company, pursuant to a written offer dated November 12, 1942.

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