SONKIN v. BARKER

Nos. IP 84-291-C, IP 84-358-C.

670 F.Supp. 249 (1987)

Gertrude SONKIN and S.E. Chessin, derivatively on Behalf of Public Service Company of Indiana, Plaintiffs, v. Hugh A. BARKER, Darrell V. Menscer, Richard H. Blacklidge, Charles W. Campbell, Shelton M. Hannig, Dagmar R. Jones, Melvin Perelman, W. George Pinnell, Richard B. Stoner, Burr S. Swezey, Jr., Vernley R. Rehnstrom, James H. Pennington and Seth W. Shields, Defendants. and Public Service Company of Indiana, Nominal Defendant.

United States District Court, S.D. Indiana, Indianapolis Division.

July 7, 1987.


Attorney(s) appearing for the Case

Peter Tamulonis, Kightlinger & Gray, Indianapolis, Ind., Fred Taylor Isquith, Wolf Haldenstein Adler Freeman & Herz, New York City, for plaintiffs.

Robert E. Fiske, Jr., William A. Wurtz, Davis Polk & Wardwell, New York City, Greg K. Kimberlin, Plainsfield, Ind., for defendants.


Memorandum

BARKER, District Judge.

A thorough explication of the facts underlying this action need not be recited here. The court will therefore confine its discussion to the facts pertinent to the pending motions.

On February 17, 1984, plaintiff Gertrude Sonkin, a shareholder of PSI, filed a derivative action on behalf of PSI against present and former officers and directors of PSI and against PSI as a nominal defendant. Plaintiff shareholder...

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