KEYSER v. COM. NAT. FINANCIAL CORP.

Civ. No. 85-1853.

675 F.Supp. 238 (1987)

George H. KEYSER and Walter Shearer, individually, as class representatives on behalf of others similarly situated, and derivatively on behalf of Commonwealth National Financial Corp., Plaintiffs, v. COMMONWEALTH NATIONAL FINANCIAL CORPORATION, et al., Defendants.

United States District Court, M.D. Pennsylvania, Third Circuit Division.

June 30, 1987.


Attorney(s) appearing for the Case

David Aufhauser, Williams & Connolly, Washington, D.C., John Havas, Harrisburg, Pa., for plaintiffs.

Walter T. McGough, Anthony J. Basinski, Pittsburgh, Pa., Robert B. Hoffman, Harrisburg, Pa., for Mellon Bank Corp.

Jon A. Baughman, Joyce K. Hackenbrach, Seth D. Linfield, Pepper, Hamilton & Scheetz, Philadelphia, Pa., Lewis S. Kunkel, Jr., Pepper, Hamilton & Scheetz, Harrisburg, Pa., for Com. Nat. Financial Corp., individual director.


MEMORANDUM AND ORDER

NEALON, Chief Judge.

Presently before the court1 is defendants' Motion for Summary Judgment. All briefs having been filed and oral argument completed as of March 30, 1987, the motion is ripe for disposition. Plaintiffs allege various inadequacies in proxy material used to solicit a merger between Commonwealth National Financial Corporation (Commonwealth) and Mellon Bank Corporation (Mellon) in violation of...

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