LEVINE v. NL INDUSTRIES, INC.

No. 86 Civ. 7453 (MGC).

717 F.Supp. 252 (1989)

Morton LEVINE, suing individually and on behalf of all other shareholders of NL Industries, Inc. similarly situated, Plaintiff, v. NL INDUSTRIES, INC., Defendant.

United States District Court, S.D. New York.

July 31, 1989.


Attorney(s) appearing for the Case

Rabin & Sirota, New York City by Howard B. Sirota, Rachell Sirota, and Gene Mesh & Associates, Cincinnati, Ohio by Gene Mesh, for plaintiff.

Dorsey & Whitney, New York City by Richard L. Bond, Stephen B. Camhi, Stewart D. Aaron, Robert G. Manson, for defendant.


OPINION AND ORDER

CEDARBAUM, Judge.

This is a class action brought by plaintiff Morton Levine on behalf of all persons who purchased the common stock of NL Industries, Inc. ("NL") between January 27, 1982 and December 10, 1984 (the "class period"). The complaint alleges that NL violated section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5, with respect to two entirely...

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