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IVERS v. KEENE CORP.

No. 91 Civ. 2140 (WCC).

780 F.Supp. 185 (1991)

Alvin J. IVERS, Trustee of the Alvin J. Ivers, P.C. Pension Trust, Erik Ballan, William Steiner, Lee Bloom and Violet Klein, on behalf of themselves and all others similarly situated, Plaintiffs, v. KEENE CORPORATION and Glenn W. Bailey, Defendants.

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

December 18, 1991.

Attorney(s) appearing for the Case

Lowey Dannenberg Bemporad & Selinger, P.C., Atty., New York City, (Richard Bemporad, of counsel), for plaintiffs.

Shereff, Friedman, Hoffman & Goodman, New York City (Robert J. Jossen, John A. Coleman, Jr., of counsel), for defendant Keene Corp.

OPINION AND ORDER

WILLIAM C. CONNER, District Judge.

This class action is brought by plaintiffs on behalf of all those who purchased common stock of the Bairnco Corporation ("Bairnco") between March 13, 1989 and April 2, 1990. The Amended Class Action Complaint (hereinafter "Complaint") alleges violations of Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 promulgated thereunder.

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