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GERITY v. CABLE FUNDING CORP.

Civ. A. No. 4720.

372 F.Supp. 679 (1973)

James GERITY, Jr., on behalf of himself and all others similarly situated, Plaintiffs, v. CABLE FUNDING CORP. et al., Defendants.

United States District Court, D. Delaware.

November 6, 1973.

Attorney(s) appearing for the Case

Irving Morris, of Cohen, Morris & Rosenthal, Wilmington, Del., Stuart D. Wechsler, Samuel K. Rosen, and Robert S. Churchill, of Kass, Goodkind, Wechsler & Gerstein, New York City, for plaintiffs.

Rodman Ward, Jr., of Prickett, Ward, Burt & Sanders, Wilmington, Del., Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendant Cable Funding.

R. Franklin Balotti, of Richards, Layton & Finger, Wilmington, Del., W. Foster Wollen and Robert S. Blanc, III, of Shearman & Sterling, New York City, for defendant White, Weld & Co.

Bruce M. Stargatt, of Young, Conaway, Stargatt & Taylor, Wilmington, Del., Jack C. Auspitz, of Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for individual defendants.

Charles F. Richards, Jr., of Richards, Layton & Finger, Wilmington, Del., Clark, Thomas, Denius, Winters & Shapiro, Austin, Tex., for defendants Communications Properties, Inc., and Tele-systems Corp.

Charles S. Crompton, Jr., of Potter, Anderson & Corroon, Wilmington, Del., Stephen B. Camhi, and Daniel S. Greenfeld, of Marshall, Bratter, Greene, Allison & Tucker, New York City, for Geneve Corp.

OPINION

STAPLETON, District Judge:

This is a class action brought to redress alleged violations of the 1933 and 1934 Securities Acts. Presently before the Court is plaintiff's motion for a preliminary injunction. The injunction sought would prevent defendant Cable Funding Corporation, pending a final disposition of the case, from making any substantial change in the deployment of its assets.

Cable Funding Corporation ("Cable") is a Delaware corporation...

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