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WOLGIN v. SIMON

No. 82-1580C(C).

552 F.Supp. 308 (1982)

Sidney WOLGIN, Plaintiff, v. Stanley SIMON; Robert F. Harris; Paul A. Cox; Leonard V. Waldron; Robert K. Crutsinger; Jerome A. Reuff; Milton F. Lewis; Clarence C. Barksdale; Richard C. Nieman; Ted C. Wetterau; David R. Cowart; John D. Ryan; Gene K. Davis; Charles L. Cockelreas; John S. Brizendine; Robert F. Hyland, Defendants. and Wetterau Incorporated, Nominal Defendant.

United States District Court, E.D. Missouri, E.D.

As Amended November 23, 1982.

Attorney(s) appearing for the Case

Gerard F. Hempstead, St. Louis, Mo., Richard D. Greenfield, Donald B. Lewis, David B. Zlotnich, Bala-Cynwyd, Pa., for plaintiff.

Robert S. Allen, St. Louis, Mo., for Wetterau Inc.

Veryl L. Riddle, Thomas C. Walsh & John Michael Clear, St. Louis, Mo., for Simon, Harris, Cox, Waldron, Crutsinger, Reuff, Lewis, Barksdale, Nieman, Wetterau, Cowart, Ryan, Davis, Cockelreas and Hyland.

MEMORANDUM

MEREDITH, District Judge.

This matter is before the Court on defendants' joint motion to dismiss plaintiff's complaint.1 For the reasons set forth below, the motion will be granted.

Plaintiff, a shareholder of Wetterau Incorporated ("Wetterau" or "the Company"), has filed a derivative action pursuant to Fed.R.Civ.P. 23.1 against Wetterau, its fifteen (15) present directors, and one former director. Plaintiff...

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