CHRYSLER CORP. v. FEDDERS CORP.

Civ. No. 81-661.

519 F.Supp. 1252 (1981)

CHRYSLER CORPORATION, Plaintiff, v. FEDDERS CORPORATION, et al., Defendants.

United States District Court, D. New Jersey.

August 5, 1981.


Attorney(s) appearing for the Case

Cole, Berman & Belsky by Morrill J. Cole, Rochelle Park, N. J., and Kelley, Drye & Warren by Robert Ehrenbard, William C. Heck, Paul F. Doyle, New York City, for plaintiff.

Wilentz, Goldman & Spitzer by Milton B. Conford, Robert J. Cirafesi, Woodbridge, N. J., and Weisman, Celler, Spett, Modlin & Wertheimer by Lawrence N. Weiss, New York City, for defendants.


OPINION

HAROLD A. ACKERMAN, District Judge.

On March 4, 1981, a complaint was filed in this Court by the plaintiff, Chrysler Corporation, alleging four counts of fraudulent conspiracy and violations of the Securities Exchange Act of 1934, as amended, against the defendants, Fedders Corporation and five individuals who allegedly dominated that corporation's management group. Shortly thereafter, Chrysler filed a notice of lis pendens upon realty owned...

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