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FISCHMAN v. WEXLER

Civ. A. No. 3053.

309 F.Supp. 976 (1970)

Doris FISCHMAN, as Executrix of the Estate of Louis H. O. Fischman, Deceased, Plaintiff, v. Jerrold WEXLER et al., Defendants.

United States District Court, D. Delaware.

February 13, 1970.

Attorney(s) appearing for the Case

Irving Morris, of Cohen, Morris & Rosenthal, Wilmington, Del., and Milton Paulson, New York City, of counsel, for plaintiff.

H. Albert Young, of Young, Conaway, Stargatt & Taylor, Wilmington, Del., Howard R. Koven and Sheldon O. Collen, of Friedman, Koven, Salzman, Koenigsberg, Specks & Homer, Chicago, Ill., of counsel, for Jerrold Wexler, Edward W. Ross, Howard R. Koven, Bernard H. Barnett, Philip Rootberg, G. Burton Liese, R. G. Rice, and The Jupiter Corporation.

Januar D. Bove, Jr., of Connolly, Bove & Lodge, Wilmington, Del., for Elgin Gas & Oil Co.

MEMORANDUM OPINION

CALEB M. WRIGHT, Chief Judge.

This is a minority stockholders derivative suit. The parties have petitioned the Court to review and approve a proposed settlement and to award fees.

The plaintiff is the Executrix of the Estate of the owner of shares of the common stock of Elgin Gas & Oil Co. (Elgin). The defendant, The Jupiter Corporation (Jupiter) prior to December 4, 1964, was Elgin's largest stockholder, owning approximately...

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