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MALKAN v. GEN. TRANSISTOR CORP.

27 Misc.2d 677 (1960)

Arnold Malkan, as a Stockholder of General Transistor Corp., Suing on Behalf of Himself and All Other Stockholders of Said Corporation and for the Benefit and in the Right of Said Corporation, Plaintiff, v. General Transistor Corp. et al., Defendants.

Supreme Court, Special Term, Queens County.

August 26, 1960

Attorney(s) appearing for the Case

Alvin L. Korngold for plaintiff. Delson, Levin & Gordon (Harold I. Kahen, Norman Koloshok and Roger Wilkins of counsel), for General Transistor Corp., defendant.

ANTHONY M. LIVOTI, J.

This is a derivative stockholders' action in which the plaintiff seeks to restrain the defendants from consummating the consolidation between General Transistor Corp. and General Instrument Corp., unless new proxy statements are sent to all stockholders of the former disclosing the contents of the complaint in this action; that any proxy statements already received by the corporation be...

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