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KAUFMAN v. WOLFSON

132 F.Supp. 733 (1955)

Stanley L. KAUFMAN, Plaintiff, v. Louis E. WOLFSON, J. A. B. Broadwater, E. B. Gerbert, David A. Goodkind, Robert E. Harvey, Alexander Rittmaster, Cecil Wolfson, Samuel Wolfson, H. W. Pierce, Robert C. Baker, Robert L. Purcell, Doran S. Weinstein, New York Shipbuilding Corporation and Devoe & Raynolds Company, Inc., Defendants.

United States District Court S. D. New York.

August 1, 1955.

Attorney(s) appearing for the Case

Kaufman, Imberman & Taylor, New York City, Irwin M. Taylor and Jacob Imberman, New York City, of counsel, for plaintiff.

Lawler & Rockwood, New York City, for defendant, Devoe & Raynolds Co., Inc.

Manning, Harnisch, Hollinger & Shea, New York City, Leonard F. Manning and William E. De Bevoise, New York City, of counsel, for individual defendants.

PALMIERI, District Judge.

This is a derivative action instituted by a shareholder in New York Shipbuilding Corp. (Shipbuilding) against the directors of that corporation and the directors of Devoe & Raynolds Company, Inc. (Devoe). Shipbuilding and Devoe have been joined as parties defendant. Devoe and its directors move under Rule 12(b) of the Federal Rules of Civil Procedure, 28 U.S.C.A., for a dismissal of the causes of action against them on the ground that...

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