Court of Appeals for the Fourth Circuit October 19, 1973, Nos. 71-2180 to 71-2182 (Gold v. Sloan)

lead-opinion

DONALD RUSSELL, Circuit Judge:

Betty L. Gold as a stockholder of The Susquehanna Corporation (hereinafter referred to as Susquehanna) sues to recover under Section 16(b) of the Securities Exchange Act profits allegedly realized by certain “insiders” from sales on the open market of shares of Susquehanna preferred stock issued to them as stockholders in connection with the merger of