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  5. 766 F.Supp. 1236 (1991)
 

STEINER v. SHAWMUT NAT. CORP.

Civ. No. H-90-253 (AHN).

766 F.Supp. 1236 (1991)

Gary STEINER, Kenneth Steiner, Norman Mermelstein, John Heller, Lepow Equities, Inc., Steven G. Cooperman, Jeanne Schaefer and Leonard Shapiro v. SHAWMUT NATIONAL CORP., Joel B. Alvord, John P. Hamill, and Gunnar S. Overstrom, Jr.

United States District Court, D. Connecticut.

June 10, 1991.

Attorney(s) appearing for the Case

Susan Peck, Hartford, Conn., Stephen Oestreich, Wolf, Popper, Ross, Wolf & Jones, Stephen R. Steinberg, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, for plaintiffs.

Donn A. Randall, Hartford, Conn., Douglas M. Kraus, Skadden, Arps, Slate, Meagher & Flom, New York City, Thomas J. Groark and James Sicilian, Day, Berry and Howard, Hartford, Conn., for defendants.

RULING ON MOTION TO DISMISS

NEVAS, District Judge.

In this four-count class and derivative action1 brought against the defendants Shawmut National Corp. ("Shawmut"), Joel B. Alvord ("Alvord"),2 John P. Hamill ("Hamill"),3 and Gunnar S. Overstrom ("Overstrom")4 for violations of the federal securities and common law, the plaintiffs allege that...

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