STONER v. WALSH

No. 90 Civ. 7679 (MBM).

772 F.Supp. 790 (1991)

Margaret G. STONER, Plaintiff, v. Leo WALSH; John E. Carter; Glenn H. Gettier; Richard H. Jenrette; Raymond L. Colotti; Thomas C. Gorman; Robert W. Barth; Joseph L. Dionne; Don Johnston; Winthrop Knowlton; Jewel S. Lafontant; Eleanor B. Sheldon; Raymond H. Wittcoff; John T. Hartley; Arthur Levitt, Jr.; Peter S. Heller; James J. Howard, III; and Strategic Planning Associates, Defendants, and The Equitable Life Assurance Company of the United States, Nominal Defendant.

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

August 22, 1991.


Attorney(s) appearing for the Case

Richard D. Greenfield, Greenfield & Chimicles, New York City, for plaintiff.

Jeffrey Barist, White & Case, New York City, for individual defendants.

Norman L. Tolle, New York City, for Equitable Life Assur. Soc. of the U.S.

Richard P. Swanson, Spengler Carlson Gubar Brodsky & Frischling, New York City, for Strategic Planning Associates.


OPINION AND ORDER

MUKASEY, District Judge.

Plaintiff Margaret Stoner sues derivatively on behalf of nominal defendant The Equitable Life Assurance Company of the United States against various present and former Officers and Directors of Equitable as well as Strategic Planning Associates, a management consulting firm, for alleged mismanagement and corporate waste. Before commencing this action, plaintiff's attorney demanded that Equitable sue those persons...

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