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AID AUTO STORES, INC. v. CANNON

No. 915, Docket 74-2697.

525 F.2d 468 (1975)

AID AUTO STORES, INC., Plaintiff-Appellant, v. Herbert S. CANNON and Cannon, Jerold & Co., Inc., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided July 23, 1975.

Attorney(s) appearing for the Case

Clendon H. Lee, New York City (Douglas I. Milan, Rogers Hoge & Hills, New York City, of counsel), for plaintiff-appellant.

Harry E. Youtt, New York City (Thal & Youtt, New York City, of counsel), for defendants-appellees.

Before CLARK, Associate Justice, and HAYS and MANSFIELD, Circuit Judges.

PER CURIAM:

Aid Auto Stores, Inc. ("Aid" herein) brought suit in the Southern District of New York against Herbert S. Cannon, Cannon, Jerold & Co., Inc., and others, charging them with participation with certain fiduciaries of Aid in breach of their fiduciary duty to it, all allegedly in violation of various provisions of the federal securities laws and common law principles. At the close of the plaintiff's case Judge Cooper directed a verdict in favor of defendants...

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