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APPALACHIAN POWER CO. v. AMERICAN INSTITUTE OF C. P. A.

177 F.Supp. 345 (1959)

APPALACHIAN POWER COMPANY, Ohio Power Company and Indiana & Michigan Electric Company, Plaintiffs, v. AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, L. H. Penney, William W. Werntz and Carman G. Blough, Defendants.

United States District Court S. D. New York.

May 20, 1959.

Attorney(s) appearing for the Case

Simpson, Thacher & Bartlett, New York City, Whitney North Seymour, Richard M. Dicke, William J. Manning, New York City, of counsel, for plaintiffs.

Howard C. Westwood, Fontaine C. Bradley, Stanley L. Temko, Washington, D. C., and Covington & Burling, Washington, D. C., Rinaldo L. Bianchi, George C. Christie, Washington, D. C., Phil R. Stansbury, Washington, D. C., of counsel, for defendants.

LEVET, District Judge.

This is a motion for preliminary injunction to restrain the defendants from the promulgation or distribution of certain opinions recommending certain accounting practices which allegedly affect plaintiff's financial statements, unless a waiting period of 60 days elapses, and certain other prerequisites are complied with.

The above-named plaintiffs, public utility companies, engaged in the sale of power, seek a preliminary injunction...

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