DUFFY, Chancellor:
This is an action by two stockholders of Louis Lesser Enterprises, Inc., brought derivatively for its benefit and for holders of the Corporation's Class A common stock. Plaintiffs seek cancellation of the conversion in September 1963 of certain Class B stock into Class A and an accounting for some $725,000 distributed on the A stock to various individual defendants. The complaint was filed on November 5, 1965. Answers were filed by various defendants...
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