WEISMAN v. SPECTOR


158 F.Supp. 788 (1958)

Joseph WEISMAN, Plaintiff, v. Raymond SPECTOR, H. L. Sondheim, Donald Burr and Hazel Bishop, Inc., Defendants.

United States District Court S. D. New York.

February 5, 1958.


Attorney(s) appearing for the Case

Martin Horwitz, New York City, for plaintiff.

Emil K. Ellis, New York City, for defendants.


DAWSON, District Judge.

This is a motion by the plaintiff for summary judgment pursuant to Rule 56 of the Rules of Civil Procedure, 28 U.S. C.A.

The action is one brought by an alleged stockholder under the provisions of the Securities Exchange Act (15 U.S. C.A. § 78p(b)) alleging that the defendant Spector participated in short swing stock transactions of Hazel Bishop Inc. and realized profits thereby at a time when he was a director of Hazel Bishop...

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