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MALHAS v. SHINN

Nos. 445, 471, Dockets 78-6108, 78-6140.

597 F.2d 28 (1979)

Wade S. MALHAS and Murray Dryer, Individually and derivatively in the right of said corporation, Plaintiffs-Appellants, v. Allan M. SHINN et al., Defendants-Appellees. SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. Robert L. VESCO et al., Defendants, Wade S. Malhas et al., Intervenors-Appellants.

United States Court of Appeals, Second Circuit.

Decided April 16, 1979.

Attorney(s) appearing for the Case

Jay H. Landau, New York City (Underweiser & Underweiser, New York City, of counsel), for intervenors-appellants.

Sheldon D. Camhy, New York City (Shea, Gould, Climenko & Casey, New York City, Michael W. Sigall, New York City, of counsel), for appellees.

VAN GRAAFEILAND, Circuit Judge:

These are appeals from orders of the United States District Court for the Southern District of New York issued in connection with the election of directors to International Controls Corporation (ICC), conducted under the supervision of a court-appointed Special Master on April 25, 1978. The first order, issued prior to the election, refused to bar the holders of shares secured through the exercise of certain stock options from voting...

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