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HERMAN v. DOUG FRANK DEVELOPMENT CORP.

No. 74 Civ. 3365.

385 F.Supp. 767 (1974)

Jay HERMAN, Plaintiff, v. DOUG FRANK DEVELOPMENT CORP., et al., Defendants.

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

November 26, 1974.

Attorney(s) appearing for the Case

Booth, Lipton & Lipton, New York City, for plaintiff; Philip Pierce, Will B. Sandler, Ronald D. Shindler, New York City, of counsel.

Reavis & McGrath, New York City, for defendants William Myers, William Haeussler, Arnold Horwitch and Patrick Moraca; Stephen R. Steinberg, Paula B. Fenton, New York City, of counsel.

D'Amato, Costello & Shea, New York City, for defendant Laventhol, Krekstein, Horwath & Horwath; Robert E. Meshel, New York City, of counsel.

Feiner, Curtis, Smith & Goldman, New York City, for defendants Doug Frank Development Corp., Douglas E. Frank, Michael H. Folb, Milton H. Corwin, John A. Pizer and Walter P. Siders.

Carter, Ledyard & Milburn, New York City, for defendant U. S. Trust Co.

OPINION

EDWARD WEINFELD, District Judge.

This is a motion for transfer of this action to the District of Arizona pursuant to 28 U.S.C., section 1404(a). Movants are four outside directors of Doug Frank Development Corp. ("DFDC") and the accounting firm of Laventhol, Krekstein, Horwath & Horwath, all of whom are defendants in this action.

Plaintiff brought this class action suit against defendants alleging various violations of the securities...

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