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MTR. OF SORIN v. SHAHMOON INDS.

20 Misc.2d 149 (1959)

In the Matter of Murray Sorin et al., Suing on Behalf of Themselves and All Other Stockholders of Warren Foundry & Pipe Corporation, Similarly Situated, and on Behalf of Said Corporation, et al., Suing on Behalf of Themselves and Other Stockholders of Shahmoon Industries, Inc., Similarly Situated, and in the Right of Said Corporation, Plaintiffs, v. Shahmoon Industries, Inc., et al., Defendants.

Supreme Court, Special Term, New York County.

September 8, 1959.

Attorney(s) appearing for the Case

Shatzkin & Cooper (Leonard M. Speier and Jerome Cooper of counsel), attorneys, for themselves.

Julius Zizmor for Shahmoon Industries, Inc., and another, defendants.

MATTHEW M. LEVY, J.

This is a consolidated stockholders' derivative action. The subject corporation is Shahmoon Industries, Inc., formerly known as Warren Foundry & Pipe Corporation. Solomon E. Shahmoon is a director of the company, its principal (if not majority) stockholder and its president and chief executive officer. He and the other individual defendants, also officers or directors, are charged in...

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