ANGOFF v. GOLDFINE

Nos. 5472, 5473.

270 F.2d 185 (1959)

Jules E. ANGOFF et al., Appellants, v. Bernard GOLDFINE et al., Appellees. Harold BROWN et al., Appellants, v. Bernard GOLDFINE et al., Appellees.

United States Court of Appeals First Circuit.

Decided September 10, 1959.


Attorney(s) appearing for the Case

Abraham L. Pomerantz, New York City, with whom Jules E. Angoff, Boston, Mass., William E. Haudek, New York City, and Irvin M. Davis, Boston, Mass., were on the brief, for Angoff and others, appellants.

Harold Brown, Boston, Mass., with whom Arnold M. Marrow, Boston, Mass., was on the brief, for Harold Brown and others, appellants.

Henry E. Foley, Boston, Mass., with whom Laurence S. Fordham and Foley, Hoag & Eliot, Boston, Mass., were on the brief, for East Boston Co. and Boston Port Development Co., appellees.

Before MAGRUDER, Chief Judge, and WOODBURY and HARTIGAN, Circuit Judges.


WOODBURY, Chief Judge.

These are appeals by counsel for the original plaintiff and counsel for intervening plaintiffs in a minority stockholder's derivative action from so much of a substitute judgment approving a stipulation of settlement of the action as awarded the appellants counsel fees and expenses. The assertion is that the court below based its awards on incorrect legal principles and that the awards are grossly inadequate.

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