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HOWELL v. MANAGEMENT ASSISTANCE, INC.

No. 78 Civ. 3516.

519 F.Supp. 83 (1981)

Charles Ben HOWELL, Suing on Behalf of Himself and All Other Persons Similarly Situated As A Class, Plaintiff, v. MANAGEMENT ASSISTANCE, INC., Genesis One Computer Corporation, Robert W. Berend, Raymond P. Kurshan and Charles F. Trayes, Defendants.

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

Supplemental Opinion June 11, 1981.

Attorney(s) appearing for the Case

Martin R. Stolar, Stolar, Alterman & Gulielmetti, New York City, Howard D. Pattison, Athens, Tex., for plaintiff.

Gerald Walpin, Steven S. Miller, Susan J. Schwartz, Donald L. Citak, Rosenman, Colin, Freund & Cohen, New York City, for defendants.

MEMORANDUM DECISION

STEWART, District Judge:

Plaintiff, an owner of 275 shares of Class C Preferred Stock of defendant Management Assistance, Inc. ("MAI"), commenced this class action on August 1, 1978 seeking to enjoin defendants from voting proxies solicited by a proxy statement mailed to all stockholders of MAI on June 28, 1978. The proxy statement was issued in connection with MAI's proposed redemption of...

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