ABBE v. GOSS

No. 70 Civ. 4381.

411 F.Supp. 923 (1975)

Nancy ABBE, Plaintiff, v. Stanley B. GOSS et al., Defendants.

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

October 8, 1975.


Attorney(s) appearing for the Case

Garwin & Bronzaft, New York City, for plaintiff; by Bertram Bronzaft, New York City, of counsel.

Weinstein & Levinson, New York City, for individual defendants; by Frank Weinstein, New York City, of counsel.

Charles Trynin, New York City, for corporate defendant.


MEMORANDUM AND ORDER

KEVIN THOMAS DUFFY, District Judge.

The plaintiff, Nancy Abbe, purchased twenty-five shares of common stock of Tenna Corporation (hereinafter "Tenna") on August 31, 1970, at a cost of $163.38. On October 9, 1970, some five and a half weeks later, she filed this shareholder's derivative action under Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b), to recover profits...

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