Summary
holding company to have deputized its CEO to serve on board of issuer, and therefore to be liable for short-swing profits, where CEO's membership on issuer's board was approved by CEO's company
Summary of this case from Segen v. CDR-Cookie Acquisitions, L.L.C.Opinion
No. 125.
January 19, 1970, OCTOBER TERM, 1969.
C.A. 2d Cir. Certiorari denied. Samuel E. Gates, Cecil Wray, Jr., and Clark C. Vogel for petitioner. Mordecai Rosenfeld for Feder and Charles Pickett and Edward C. McLean, Jr., for Sperry Rand Corp., respondents. Solicitor General Griswold, Lawrence G. Wallace, Philip A. Loomis, Jr., David Ferber, and Paul Gonson filed a memorandum for the United States, by invitation of the Court, ante, p. 808, in opposition. Reported below: 406 F. 2d 260.