District Court, S.D. New York July 13, 1987, 86 Civ. 0698 (JMW) (Samuel M. Feinberg Testamentary Trust v. Carter)

MEMORANDUM AND ORDER

WALKER, District Judge.

INTRODUCTION

In this derivative action, Plaintiffs The Samuel M. Feinberg Testamentary Trust and Edith Citron allege that the individual defendants breached various legal duties when Defendant The B.F. Goodrich Company (“Goodrich”) purchased more than 1,000,000 shares of Goodrich common stock held by Defendant Carl Icahn (“Icahn”).