Malcolm P. McLEAN, Individually, Plaintiff,
v.
Jack ALEXANDER, Daniel D. Friel, Bernard Hessler, Jr., Trustee, Helen June Friel, Trustee, Frederick A. Lang, Robert R. Walsh, Frank B. Francis, Bernard Hessler, Jr., Martin A. Apostolico, Merle R. Aiken, Shelley P. Jones, Thomas B. Baker, Shields & Company, Incorporated, and Cashman & Schiavi, Defendants.
United States District Court, D. Delaware.https://leagle.com/images/logo.png
March 31, 1978.
March 31, 1978.
Attorney(s) appearing for the Case
John J. Schmittinger, of Schmittinger & Rodriguez, Dover, Del., William P. Verdon, and Donald A. Kessler of Meyner, Landis & Verdon, Newark, N. J., for plaintiff.
Richard L. Sutton, of Morris, Nichols, Arsht & Tunnell, Wilmington, Del., for individual defendants Jack Alexander, Daniel D. Friel, Bernard Hessler, Jr., individually and as Trustee for the children of Defendant Daniel D. Friel, Helen June Friel, Trustee for her children, Frederick A. Lang, Robert R. Walsh, Frank B. Francis, Martin A. Apostolico, Merle R. Aiken, Thomas B. Baker.
B. Wilson Redfearn, of Tybout & Redfearn, Wilmington, Del., Russel H. Beatie, Jr., and John M. Friedman, Jr., of Dewey, Ballantine, Bushby, Palmer & Wood, New York City, for defendant Shields & Co., Inc.
Arthur G. Connolly, Jr., of Connolly, Bove & Lodge, Wilmington, Del., Milton V. Freeman, Edgar H. Brenner, Robert D. Rosenbaum, and Hadrian R. Katz, of Arnold & Porter, Washington, D. C., Francis J. Trzuskowski, of Trzuskowski & Kipp, Wilmington, Del., for defendant Cashman & Schiavi.
Shelley P. Jones, pro se.
United States District Court, D. Delaware.
OPINION
MURRAY M. SCHWARTZ, District Judge.
Before the Court for resolution is the issue of damages suffered by plaintiff in relying on the misleading report of an accountant as one factor in his decision to purchase all the stock of Technidyne, Inc. A necessary adjunct to the determination of damages is the accountant's cross-claim for indemnification and contribution1 against the settling defendants, namely the individual shareholders...
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