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FELDBAUM v. AVON PRODUCTS, INC.

No. 83-2439.

741 F.2d 234 (1984)

Evelyn FELDBAUM, Appellant, v. AVON PRODUCTS, INC., AVP Holdings, Inc., Mallinckrodt, Inc., Raymond F. Bentele, Harold E. Thayer, George H. Capps, William D. Phillips, George Putnam, Harry W. Kroeger, William H. Danforth, August H. Homeyer, William L. Davis, Fletcher N. Anderson, and John L. Ufheil, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided August 24, 1984.

Attorney(s) appearing for the Case

Edwin D. Akers, Jr., Alan G. Johnson, Gallop, Johnson & Newman, St. Louis, Mo., Stanley Nemser, Marian R. Probst, Wolf, Popper, Ross, Wolf & Jones, New York City, Richard D. Greenfield, Donald B. Lewis, Greenfield & Chimicles, Bala Cynwyd, Pa., for appellant.

Ronald S. Rolfe, Richard C. Raymond, New York City, Robert S. Allen, Michael A. Vitale, Lewis & Rice, St. Louis, Mo., for appellees Avon Products, Inc. and AVP Holdings, Inc.; Cravath, Swaine & Moore, New York City, Thomas J. Guilfoil, Jim J. Shoemake, G. Lane Roberts, Jr., Guilfoil Petzall & Shoemake, St. Louis, Mo., Michael W. Mitchell, Skadden, Arps, Slate, Meagher & Flom, New York City, of counsel.

Before ROSS, BENNETT and ARNOLD, Circuit Judges.

ARNOLD, Circuit Judge.

Evelyn Feldbaum, the owner of 150 shares of common stock of Mallinckrodt, Inc., filed this action in federal court on January 13, 1982. The complaint alleges violations of the Securities Exchange Act of 1934 by Avon Products, Inc. (Avon), AVP Holdings, Inc. (AVP), Mallinckrodt, and officers and board members of Mallinckrodt. The District Court1 dismissed the complaint for failure to state a claim upon which relief...

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