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POLIN v. CONDUCTRON CORP.

No. 76-1207.

552 F.2d 797 (1977)

Howard POLIN, etc., et al., Appellants, v. CONDUCTRON CORPORATION et al., Appellees.

United States Court of Appeals, Eighth Circuit.

Decided March 23, 1977.

Rehearing and Rehearing Denied April 14, 1977.

Attorney(s) appearing for the Case

Edward F. Mannino, Philadelphia, Pa., for appellants; Jeffrey A. Less and Lawrence D. Berger, Dilworth, Paxson, Kalish & Levy, Philadelphia, Pa., Robert S. Allen, Lewis, Rice, Tucker, Allen & Chubb, St. Louis, Mo., Harold E. Kohn and Stuart H. Savett, Kohn, Savett, Marion & Graf, Philadelphia, Pa., on the brief.

Richmond C. Coburn, St. Louis, Mo., for appellees, Siegel, Olsen and Cutrona; G. Lane Roberts, Jr., and Thomas E. Douglass, St. Louis, Mo., Dykema, Gossett, Spencer, Goodnow & Trigg, Detroit, Mich., on the brief.

Veryl L. Riddle, St. Louis, Mo., for appellees, McDonnell Douglas Corp., et al.; Thomas C. Walsh and John J. Hennelly, Jr., of Bryan, Cave, McPheeters & McRoberts, St. Louis, Mo., on the brief.

Before GIBSON, Chief Judge, BRIGHT, Circuit Judge, and TALBOT SMITH, Senior District Judge.

Rehearing and Rehearing En Banc Denied April 14, 1977.

TALBOT SMITH, Senior District Judge.

This is an action brought by plaintiff Howard Polin, a shareholder of Conductron Corporation (hereafter Conductron), charging defendants with violations of the federal securities laws and breach of their fiduciary duties.1 Named as defendants are Conductron, McDonnell Douglas Corp. (MDC) and several officers and directors of Conductron ...

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