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ABRAMSON v. INA CAPITAL MANAGEMENT CORP.

No. 78 C 627.

459 F.Supp. 917 (1978)

Helen ABRAMSON, Plaintiff, v. INA CAPITAL MANAGEMENT CORP. et al., Defendants.

United States District Court, E. D. New York.

November 6, 1978.

Attorney(s) appearing for the Case

Schoengold & Sporn, New York City, for plaintiff by Samuel P. Sporn, New York City, Kenneth A. Elan, Bayside, N. Y.

Seward & Kissel, New York City, for defendants by Eugene P. Souther, Kenneth J. Kelly, New York City, and Drinker Biddle & Reath by Stewart Dalzell, Timothy C. Russell, Philadelphia, Pa.

MEMORANDUM AND ORDER

NEAHER, District Judge.

This action, brought derivatively on behalf of INA Investment Securities, Inc. (the "Fund"), charges defendants INA Capital Management Corporation (the "Manager") and thirteen past and present employees, officers and directors of the Fund and the Manager with various violations of the Investment Company Act of 1940, 15 U.S.C. § 80a-1, et seq. (the "Act...

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