Actions were brought by shareholders of three corporations following tender offer for stock of one corporation. On motions for consolidation and to appoint lead counsel, the District Court, Cohill, J., held that where, although three complaints arose out of same tender offer, defendants were not all common to all cases, one complaint contained count alleging derivative suit, and one plaintiff was a corporation, neither complete consolidation nor stay of two cases would be appropriate but rather coordinated discovery would be ordered with counsel for plaintiffs in case which was filed first designated as liaison counsel. Liaison counsel appointed for purposes of discovery proceedings
United States District Court, W. D. Pennsylvania.
"John A. Metz, Jr., Reuben Fingold, Metz, Cook, Hanna & Kelly, Pittsburgh, Pa., for Meeder and others. Roslyn M. Litman, Litman, Harris & Specter, Pittsburgh, Pa., Milberg & Weis, New York City, for Lerach. Fred C. Houston, Jr., Houston, Houston & Donnelly, Pittsburgh, Pa., Burton L. Knapp, Lipper, Lowey & Dannenberg, New York City, for Investors Ins. Co. William Wycoff, Pittsburgh, Pa., Guy T. Moore, Philadelphia, Pa., and Thorp, Reed & Armstrong, Pittsburgh, Pa., and Saul, Ewing, Remick & Saul, Philadelphia, Pa., for Superior Tube Co. and Clarence A. Warden, Jr. James D. Morton and Buchanan, Ingersoll, Rodewald, Kyle & Buerger, Pittsburgh, Pa., for Williams & Co., Inc., and others. H. Ober Hess, Philadelphia, Pa., for Richard H. Gabel. Michael D. Fox, John P. Edgar and Berkman, Ruslander, Pohl, Lieber & Engel, Pittsburgh, Pa., Cohen, Shapiro, Polisher, Shiekman & Cohen, Philadelphia, Pa., for Butcher & Singer, Inc."
23 Fed.R.Serv.2d 612