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AKERMAN v. BANKWORCESTER CORP.

Civ. A. No. 90-40080-S.

751 F.Supp. 11 (1990)

Morris AKERMAN and Arnold Klapper, Plaintiffs, v. BANKWORCESTER CORPORATION, Harold Cabot, and Anthony J. Keller, Defendants.

United States District Court, D. Massachusetts.

November 5, 1990.

Attorney(s) appearing for the Case

Thomas G. Shapiro, Shapiro, Grace & Haber, Boston, Mass., for plaintiffs.

Nina R. Mishkin, Goodwin, Procter & Hoar, Boston, Mass., for defendants.

MEMORANDUM AND ORDER ON DEFENDANTS' MOTION TO DISMISS

SKINNER, District Judge.

This action is brought by two shareholders, purporting to represent a class of shareholders, against Bankworcester ("the bank") and two bank officers. The first count is against all three defendants for violations of § 10(b) of the Securities and Exchange Act of 1934 and Rule 10b-5. The second count is against the individual defendants for violations of § 20 of the ...

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