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PITTSBURGH TERMINAL CORP. v. BALTIMORE & O. R. CO.

Civ. A. No. 77-1455.

446 F.Supp. 656 (1978)

PITTSBURGH TERMINAL CORPORATION v. The BALTIMORE & OHIO RAILROAD COMPANY, the Chesapeake & Ohio Railway Company and Chessie System, Inc.

United States District Court, W. D. Pennsylvania.

March 7, 1978.

Attorney(s) appearing for the Case

B. A. Karlowitz, Pittsburgh, Pa., for plaintiff.

Richard T. Wentley, Pittsburgh, Pa., for defendants.

MEMORANDUM OPINION

KNOX, District Judge.

This is an action brought by plaintiff holder of convertible debentures in the Baltimore and Ohio Railroad Company against the company and others involved for alleged violations of Section 10(b) of the Securities and Exchange Act of 1934 (15 U.S.C. § 78j):

"It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce or of the mails, or...

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