KLAUS v. HI-SHEAR CORPORATION

Nos. 75-1544, 75-1920, 75-1389, 75-1394, 75-2380, 75-2446 and 75-2012.

528 F.2d 225 (1975)

Frank A. KLAUS, Plaintiff-Appellant, v. HI-SHEAR CORPORATION et al., Defendants-Appellees. Frank A. KLAUS, Plaintiff-Appellee, v. HI-SHEAR CORPORATION, a California Corporation, and Hi-Shear Caribe, a California Corporation, Defendants-Appellants. Frank A. KLAUS, Plaintiff-Appellee, v. George S. WING and Perry A. Luth, Defendants-Appellants.

United States Court of Appeals, Ninth Circuit.

December 15, 1975.


Attorney(s) appearing for the Case

Ernest Leff (argued), of Hahn, Cazier, Hoegh & Leff, Peter Taft (argued), of Munger, Tolles, Hills & Rickershauser, Ira Rivin (argued) of Epport & Delevie, Alan Stamm (argued), of Long & Levit, James W. McCord (argued), of Bodkin, Breslin & Luddy, Los Angeles, Cal., Jeffrey D. Jennings (argued), of Scales, Patton, Ellsworth & Corbett, San Diego, Cal., for appellants in Nos. 75-1389, 75-1394, 75-2446, 75-2012, 75-2380 and for appellees in Nos. 75-1544, 75-1920.

Samuel O. Pruitt (argued), of Gibson, Dunn & Crutcher, Los Angeles, Cal., for appellee in Nos. 75-2380, 75-2012, 75-2446, 75-1389, 75-1394, and for appellant in Nos. 75-1920, 75-1544.

Before CHOY and GOODWIN, Circuit Judges, and TAYLOR, District Judge.


OPINION

CHOY, Circuit Judge:

Since early 1973, Frank A. Klaus has been attempting to wrest control of Hi-Shear Corporation away from George S. Wing and his allies, Hi-Shear's present management. Klaus is conducting litigation in district court in which he charges that the Wing group, in its effort to retain control of Hi-Shear, has violated federal and state securities laws and regulations. In a running endeavor...

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