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TANZER ECONOMIC ASSOCIATES, INC. v. HAYNIE

No. 74 Civ. 4857 (MEF).

388 F.Supp. 365 (1974)

TANZER ECONOMIC ASSOCIATES, INC., Plaintiff, v. Roscoe G. HAYNIE et al., Defendants.

United States District Court, S. D New York.

November 20, 1974.

Attorney(s) appearing for the Case

Wolf, Popper, Ross, Wolf & Jones, New York City, for plaintiff.

Davis, Polk & Wardwell, New York City, for defendants, LTV, JLI and JLI-II; Henry L. King, New York City, of counsel.

Reed, Smith, Shaw & McClay, Pittsburg, Pa., for defendant J&L Steel.

MEMORANDUM

FRANKEL, District Judge.

This action, brought by an alleged owner1 of 25 shares of Jones & Laughlin Steel Corporation (J&L) in the form of a class action, seeks injunctive relief and/or damages because of a proposed merger in which J&L is to become a wholly-owned subsidiary of defendant L.T.V. Corporation (LTV). A shareholders' meeting has been set for November 22, 1974, for the purpose of passing upon...

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