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FRADKIN v. ERNST

No. C83-1323A.

571 F.Supp. 829 (1983)

Albert FRADKIN, Plaintiff, v. William T. ERNST, et al., Defendants.

United States District Court, N.D. Ohio, E.D.

September 1, 1983.

Attorney(s) appearing for the Case

Gene Mesh, Cincinnati, Ohio, Stephen Lowey, New York City, Alan L. Melamed, Cleveland, Ohio, for plaintiff.

S. Michael Bradley, New York City, Joseph Holden, Akron, Ohio, for defendants.

MEMORANDUM OPINION and JUDGMENT ENTRY

DOWD, District Judge.

This case involves a challenge to the implementation of the 1983 stock option plan (Plan) for the senior executives of Mohawk Rubber Company (Mohawk). The Plan was approved by Mohawk's Directors on January 4, 1983, and presented to and allegedly approved by the shareholders at Mohawk's Annual Meeting. Plaintiff contends that a proxy statement issued...

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