District Court, D. Delaware August 17, 1973, Civ. A. 3707 to 3722 (Gould v. American Hawaiian Steamship Company)

OPINION

CALEB M. WRIGHT, Chief Judge.

This is a class action suit brought by shareholders of McLean Industries, Inc. (McLean) alleging violations of the Securities Exchange Act of 1934 (the 1934 Act), §§ 10(b) and 14(a), 15 U.S.C. §§ 78j(b) and 78n(a) arising in the course of McLean’s proxy solicitation for shareholder approval of its merger into the R. J. Reynolds Tobacco Company (Reynolds).