TRANSCON LINES v. A. G. BECKER INC.

No. 78 CIV 5513, (LBS).

470 F.Supp. 356 (1979)

TRANSCON LINES, Plaintiff, v. A. G. BECKER INCORPORATED, A. G. Becker Holdings, Incorporated, AGB-WPB Incorporated, the Becker Warburg Paribas Group Incorporated, Warburg-Paribas, Inc., S. G. Warburg & Co., Ltd., Paribas International, Clinique Laboratories Inc., EJL Corporation, Estee Lauder, Joseph H. Lauder, Ronald S. Lauder Leonard A. Lauder, Jerry G. Rubenstein, Redstone Corporation, Alamo Express, Inc., and Alamo Cartage Co., Inc., Defendants.

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

March 15, 1979.


Attorney(s) appearing for the Case

Wachtell, Lipton, Rosen & Katz, New York City, for plaintiff; Theodore Gewertz, Marc H. Rosenbaum, and Theodore N. Mirvis, New York City, of counsel.

Weil, Gotshal & Manges, New York City, for defendants Jerry G. Rubenstein, Redstone Corporation, Alamo Express, Inc., and Alama Cartage Co., Inc.; Mel P. Barkan, and Dennis J. Block, New York City, of counsel.

Skadden, Arps, Slate, Meagher & Flom, New York City, for defendants A. G. Becker Incorporated, A. G. Becker Holdings, Incorporated, AGB-WPB Incorporated, the Becker Warburg Paribas Group Incorporated, Clinique Laboratories Inc., EJL Corporation, Estee Lauder, Joseph H. Lauder, Ronald S. Lauder, Leonard A. Lauder.

William P. Frank, Richard F. Hope, Robert W. Wien, New York City, and Randy Harris, Chicago, Ill., for A. G. Becker Holdings, the Becker Warburg Paribas Group Incorporated and AGB-WPB Incorporated.


OPINION

SAND, District Judge.

Plaintiff, Transcon, Inc., seeks an order enjoining defendants from, inter alia, purchasing any additional shares of Transcon stock and compelling defendants to divest themselves of the shares they have already purchased. Plaintiff alleges that defendants have failed to comply with the following statutes and regulations: § 13(d) of the Securities and Exchange Act, 15...

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