MILLS v. ELECTRIC AUTO-LITE COMPANY

No. 63 C 1138.

281 F.Supp. 826 (1967)

Elmer E. MILLS and Louis Susman, Plaintiffs, v. The ELECTRIC AUTO-LITE COMPANY, Mergenthaler Linotype Company and American Manufacturing Company, Inc., Defendants.

United States District Court N. D. Illinois, E. D.

September 26, 1967.


Attorney(s) appearing for the Case

Arnold I. Shure, Frank J. McGarr, Moses, McGarr, Gibbons, Abramson & Fox, Robert A. Sprecher, Crowley, Sprecher, Barrett & Karaba, Chicago, Ill., for plaintiffs.

Jerold S. Solovy, Raymond, Mayer, Jenner & Block, Chicago, Ill., for defendants.


MEMORANDUM OPINION AND ORDER

PARSONS, District Judge.

I am again called upon to contribute an increment to the Federal Common Law of Corporations as derived from judicial exegesis of the Securities and Exchange Acts. This cause involves Section 14 of the 1934 Act and Rule 14a-9 as affecting omissions in Proxy Statements with regard to a corporate merger. The issue before me is the existence of a causal connection of the omissions and the merger.

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