Feder v. Martin Marietta Corp.

406 F.2d 260 (2nd 1969), cert. denied, 396 U.S. 1036 (1970)

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Nature of the Case

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Facts

P filed an action under 16(b) for short-swing profits on the purchase and sale of Sperry stock by Martin (D) by George Bunker, the president and CEO of D, when he was deputized by D when he served on the Sperry board. The trial court found no deputization and dismissed the complaint.