District Court, S.D. New York November 4, 1974, No. 69 Civ. 2741 (Lewis v. Dansker)

MEMORANDUM AND ORDER

WHITMAN KNAPP, District Judge.

This is a stockholder’s derivative suit brought under the Securities Exchange Act of 1934 (“the Act”) and the New York Business Corporation Law (“BC L”) on behalf of Investors Funding Corporation (“IFC”) against various officers and directors of that company. The defendants include three brothers, Jerome, Raphael and Norman Dansker.