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GERSTLE v. GAMBLE-SKOGMO, INC.

Nos. 64-C-1253, 66-C-901.

366 F.Supp. 638 (1973)

Gustave GERSTLE et al., Plaintiffs, v. GAMBLE-SKOGMO, INC., Defendant.

United States District Court, E. D. New York.

October 24, 1973.

Attorney(s) appearing for the Case

Emanuel Becker, New York City, H. James Conaway, Jr., Young, Conaway, Stargatt & Taylor, Wilmington, Del., Delaware Counsel, Saul S Freeman, C. P. A., David Berdon & Co., New York City, K. Gordon Green, Nesbitt, Thomson & Co., Ltd., Toronto, Ontario, Canada, Security Appraisers for plaintiffs.

Sullivan & Cromwell, New York City, for defendant; John F. Arning, Charles W. Sullivan, New York City, of counsel.

Louis E. Dolan, Minneapolis, Minn., Gen. Counsel for defendant; Stephen A. Milwid, Lord, Bissell & Brook, Chicago, Ill., of counsel.

A. Edward Grashof, Winthrop, Stimson, Putnam & Roberts, New York City, for John Hanna and others.

BARTELS, District Judge.

This is an application for counsel fees and disbursements, accountants' fees, and expenses of certain assistants engaged by counsel in the prosecution of a minority stockholders' class action against Gamble-Skogmo, Inc. ("Skogmo"), arising out of a breach of fiduciary obligations by Skogmo and certain omissions and misrepresentations in proxy material delivered to stockholders of General Outdoor Advertising Co., Inc.

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