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SEINFELD v. HOSPITAL CORP. OF AMERICA

No. 85 C 6651.

685 F.Supp. 1057 (1988)

Frank D. SEINFELD, Plaintiff, v. HOSPITAL CORPORATION OF AMERICA, et al., Defendants.

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

May 2, 1988.

Attorney(s) appearing for the Case

Lowell E. Sachnoff, Brian D. Roche, Mark A. Kaprelian, Sachnoff, Weaver & Rubenstein, Ltd., Chicago, Ill., for plaintiff.

Barry S. Alberts, W. Donald McSweeney, William A. Montgomery, Aaron J. Kramer, Schiff, Hardin & Waite, Chicago, Ill., Michael A. Weinberg, Charles L. Glick, Christina M. Tchen, Skadden, Arps, Slate, Meagher & Flom, Chicago, Ill., for defendants.

MEMORANDUM OPINION

BRIAN BARNETT DUFF, District Judge.

This case arises under § 16(b) of the Securities Exchange Act of 1934 ("§ 16(b)"), 15 U.S.C. § 78p(b). Defendant Hospital Corporation of America ("HCA") and nominal defendant American Hospital Supply Corporation ("American") have each moved to dismiss pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure. For the reasons set forth below, the motions are granted.

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