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FREEMAN v. DECIO

No. 78-1142.

584 F.2d 186 (1978)

Marcia FREEMAN, Plaintiff-Appellant, v. Arthur J. DECIO, V. Dale Swikert, Samuel P. Mandell, Ira J. Kaufman, and Skyline Corporation, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided September 20, 1978.

Rehearing and Rehearing Denied November 2, 1978.

Attorney(s) appearing for the Case

David W. Cohen, New York City, for plaintiff-appellant.

Michael H. Rauch, New York City, for defendants-appellees.

Before PELL and WOOD, Circuit Judges, and HARPER, Senior District Judge.

Rehearing and Rehearing En Banc Denied November 2, 1978.

HARLINGTON WOOD, JR., Circuit Judge.

The principal question presented by this case is whether under Indiana law the plaintiff may sustain a derivative action against certain officers and directors of the Skyline Corporation for allegedly trading in the stock of the corporation on the basis of material inside information. The district court granted summary judgment...

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