VAN GEMERT v. BOEING COMPANY

No. 66 Civ. 1820.

259 F.Supp. 125 (1966)

William R. VAN GEMERT, Albert A. Henning, Edward E. Houchins, Nathan Pearlman, Elias A. Chariott, for and in behalf of themselves and for all other holders of The Boeing Company 4½% convertible subordinated debentures due July 1, 1980 who are similarly situated, Plaintiffs, v. The BOEING COMPANY (formerly Boeing Airplane Company), et al., Defendants.

United States District Court S. D. New York.

September 26, 1966.


Attorney(s) appearing for the Case

Matson, Kass, Goodkind & Wechsler, New York City, for plaintiffs; Stuart D. Wechsler, New York City, of counsel.

Davis, Polk, Wardwell, Sunderland & Kiendl, New York City, for Boeing Co.; S. Hazard Gillespie, Henry L. King, Robert B. Fiske, Jr., and Robert F. Dobbin, New York City, of counsel.

Dewey, Ballantine, Bushby, Palmer & Wood, New York City, for Chase Manhattan Bank; Everett I. Willis, Malcolm H. Bell, and Merton Sarnoff, New York City, of counsel.

Walter North, Associate Gen. Counsel, S.E.C., and Joseph C. Daley, New York City, for Securities and Exchange Commission.

Solomon A. Schlesinger, New York City, for Frank Trinkoff.

Havens, Wandless, Stitt & Tighe, New York City, Arent, Fox, Kintner, Plotkin & Kahn, Washington, D. C., for Henry J. Hoff, Herbert J. Korbel, New York City, and Burton A. Schwalb, Washington, D. C., of counsel.

Abraham Lillienthal, New York City, for Arthur Frisch.

Irving Steinman, New York City, for Louis Berglas.

Nathan, Mannheimer, Asche, Winer & Friedman, New York City, for Bertha J. Winer; Norman B. Winer, New York City, of counsel.

McClintock, Fulton, Donovan & Waterman, Detroit, Mich., for Marian S. Mitchell; James I. McClintock, Detroit, Mich., of counsel.

Abraham E. Freedman, Philadelphia, Pa., for S. Edward Mittler.

Danzansky & Dickey, Washington, D. C., for Jack Diener; Marshall E. Miller, and Bernard Gordon, Washington, D. C., of counsel.

William H. Manger, Baltimore, Md., for Albert J. Laun.

Foley & Martin, New York City, for E. Plocki; Thomas J. Dufficy, New York City, of counsel.


OPINION

RYAN, Chief Judge.

This proceeding initiated by the defendant The Boeing Company (formerly Boeing Airplane Company) seeking the entry of an order determining that this action is to be maintained as a class action under Rule 23(b)(1) and (2) of the Federal Rules of Civil Procedure, effective July 1, 1966.

The matter comes on for hearing on the return of an order directing "that all present and former holders of The Boeing Company (formerly...

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