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IDS PROGRESSIVE FUND, INC. v. FIRST OF MICHIGAN

Nos. 75-1475 to 75-1477.

533 F.2d 340 (1976)

IDS PROGRESSIVE FUND, INC., a Nevada Corporation, and IDS New Dimensions Fund, Inc., a Nevada Corporation, for itself and on behalf of all other similarily situated, Plaintiffs-Appellees, v. FIRST OF MICHIGAN CORPORATION et al., Defendants-Appellants.

United States Court of Appeals, Sixth Circuit.

Decided April 16, 1976.

Rehearing and Rehearing Denied June 4, 1976.

Attorney(s) appearing for the Case

Fred W. Freeman, Dickinson, Wright, McKean & Cudlip, Wolfgang Hoppe, Miller, Canfield, Paddock & Stone, Richard B. Gushee, Detroit, Mich., for defendants-appellants in No. 75-1475.

Irwin M. Alterman, Hyman & Rice, Southfield, Mich., for defendants-appellants in No. 75-1476.

Martin C. Weisman, Smith, Miro, Hirsch, Brody & Zweig, Allan H. Tushman, Levine & Benjamin, Detroit, Mich., for defendants-appellants in No. 75-1477.

William K. Holmes, Warner, Norcross & Judd, Grand Rapids, Mich., for plaintiffs-appellees.

Before EDWARDS, PECK and ENGEL, Circuit Judges.

Rehearing and Rehearing En Banc Denied June 4, 1976.

JOHN W. PECK, Circuit Judge.

By an order of this court dated February 10, 1975, defendant-appellant Arthur Young & Co. was granted permission under 28 U.S.C. § 1292(b) to prosecute this interlocutory appeal from the memorandum and order of the district court dated December 20, 1974. Therein the district court determined that this action, seeking damages for alleged violations of Section 10(b) of...

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