Marvyn GOULD, Executor of the Estate of J. Donald Rogasner, and J. David Pincus, on behalf of themselves and all others similarly situated, Plaintiffs,
Mary S. McCord and Charles T. McCord, Jr., Intervening Plaintiffs,
v.
AMERICAN-HAWAIIAN STEAMSHIP COMPANY et al., Defendants.
United States District Court, D. Delaware.https://leagle.com/images/logo.png
December 19, 1974.
December 19, 1974.
Attorney(s) appearing for the Case
William Prickett and Rodman Ward, Jr., Prickett, Ward, Burt & Sanders, Wilmington, Del., Aaron M. Fine, Harold E. Kohn, P. A., Philadelphia, Pa., for plaintiff Gould and all those similarly situated and for intervening plaintiffs.
David S. Keil, Keil & Keil, Wilmington, Del., for plaintiff Pincus.
Pomerantz, Levy, Haudek & Block, New York City, for defendants American-Hawaiian Steamship Co., National Bulk Carriers, Inc., Daniel K. Ludwig and Hal A. Kroeger.
S. Samuel Arsht, William O. LaMotte, III, and A. Gilchrist Sparks, Morris, Nichols, Arsht & Tunnell, Wilmington, Del., for defendant R. J. Reynolds Tobacco Company.
David F. Anderson and Richard F. Corroon, Potter, Anderson & Corroon, Wilmington, Del., for defendants American-Hawaiian Steamship Company, National Bulk Carriers, Inc., Daniel K. Ludwig and Hal A. Kroeger.
R. Franklin Balotti, Richards, Layton & Finger, Wilmington, Del., W. Foster Wollen, Shearman & Sterling, New York City, for defendants Malcolm P. McLean, James K. McLean, Clara L. McLean, Disque D. Deane, Edward A. Hirs, James T. Murff and Beverly R. Wilson, Jr.
Howard M. Handelman, Bayard, Brill & Handelman, Wilmington, Del., James V. Ryan and Kenneth Shanks, of Webster, Sheffield, Fleischmann, Hitchcock & Brookfield, New York City, for the defendants Litton Industries, Inc., Monroe International Corporation Retirement Plan Trust, and Joseph T. Casey.
United States District Court, D. Delaware.
OPINION
CALEB M. WRIGHT, Senior District Judge.
On September 17, 1971, this Court held that the McLean Industries ("McLean") proxy solicitation for shareholder approval of its merger into the R. J. Reynolds Tobacco Company ("Reynolds") was materially false and misleading in violation of § 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. § 78n(a). The Court granted partial summary judgment in favor of the plaintiff class against four of the...
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