COLAN v. CUTLER-HAMMER, INC.

No. 86-2013.

812 F.2d 357 (1987)

David COLAN, Plaintiff-Appellant, v. CUTLER-HAMMER, INC., Eaton Corporation, and Koppers Company, Inc., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided February 24, 1987.

Rehearing and Rehearing Denied March 25, 1987.


Attorney(s) appearing for the Case

Arthur T. Susman, Joseph, Susman & Myers, Chicago, Ill., for plaintiff-appellant.

Larry L. Thompson, Bell, Boyd & Lloyd, Lynne M. Raimondo, Mayer, Brown & Platt, Chicago, Ill., for defendants-appellees.

Before CUMMINGS and FLAUM, Circuit Judges, and ESCHBACH, Senior Circuit Judge.


Rehearing and Rehearing En Banc Denied March 25, 1987.

PER CURIAM.

The plaintiff, David Colan, brings this derivative action on behalf of Eaton Corporation, pursuant to § 16(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78p(b) (1982), to recover short-swing profits allegedly obtained by defendant-appellee Koppers Company through transactions made in 1978 in the stock of Cutler-Hammer, Inc. Due to a merger between these two companies...

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