Stockholders Suits Recoup Losses Rise Amid Bear Market
In New York and across the country stockholders increasingly turn to the courts to recover losses from a 21 month bear market. Experts note more suits against brokerages and corporations as liberal securities law interpretations and new class action rules fuel litigation. A Houston trustee ruling and a churning suit illustrate varied grounds for recovery while some investors see only bad advice rather than illegal action.
MENTIONED IN THIS ARTICLE
NEW York
Stanley L. Kaufman
Kaufman
Alan R. Bromberg
Southern Methodist University
Houston
Bromberg
Supreme Court
Ureder
CBW Treaty Seen Headed For Senate Approval
A Senate ratification path for the Geneva Protocol to bar gas and germ warfare faces a clash over defoliants used in Vietnam. President Nixon sent the treaty to the Senate with one reservation, while supporters and critics spar over whether riot control agents and herbicides fall under the Protocol.
MENTIONED IN THIS ARTICLE
Washington
Vietnam
Nixon
Administration
Senate
Gaylord Nelson
D-Wis
Wisconsin Democrat
Nelson
William P. Rogers
United States
Rogers
General Assembly
Portugal
Australia
J. W. Pulbright
Dark
Foreign Relations Committee
David Picked For Science Adviser
Murray Hill New Jersey to become director of the Office of Science and Technology and presidential science adviser. David Picked, 45, is executive director of communications systems research at Bell Labs. He will replace Dr. Lee A. DuBridge effective September 1, with DuBridge retiring August 31. David holds a doctorate from MIT and has served with Bell Laboratories since 1950, working in underwater acoustics and human computer communications research.
MENTIONED IN THIS ARTICLE
Murray Hill
Cap
Edward EF. David Jr
Nixon
Lee A. DuBridge
David
Office of Science and Technology
Gell Laboratories
DuBridge
Senate
Mary Ann Sembrot
Ann
Summit
Davids
Nancy
Bell Laboratories
Massachusetts Institute of Technology
California Institute of Technology
California
Laguna Hills
National Academy of Sciences
National Academy of Engineering
National Science Foundation
Defense Department
National Institutes of Health
Veterans Administration
National Bureau of Standards
Davis
Sitat
Rev Duffey Wins Primary Contest In Connecticut
Rev Joseph Duffey won a three way Democratic primary in Connecticut to become the party's candidate for U S senator. The 38 year old United Church of Christ clergyman built a grass roots campaign from McCarthy era remnants and will face incumbent party rival Thomas J Dodd running as an independent and Republican Weicker Jr. Duffey defeated Alphonsus J Donahue of Stamford and Edward L Marcus of New Thetford in the statewide vote.
MENTIONED IN THIS ARTICLE
Hartford, Conn
Joseph Duffey
Americans For Democratic Action
West Virginia
U.S
Connecticut
Duffey
Eugene J. McCarthy
United Church of Christ
Thomas J. Dodd
Dodd
Senate
Lowell P. Weicker Jr
Weicker
Congress
Alphonsus J. Donahue
Stamford
Edward L. Marcus
New Thiernen
Communist Summit Opens In Moscow
East European party chiefs led by Ulbricht Ceausescu Husak Gomulka Kadar Zhivkov attend a Moscow summit to hear a Kremlin report on the Soviet West German no aggression pact and discuss its impact on East West relations in Europe. The meeting may last one day with leaders returning tonight or Friday. Brezhnev hosts.
MENTIONED IN THIS ARTICLE
Moscow
Walter Ulbricht
East Germany
Nicolae Ceausescu
Romania
Gustav Husak
Czechoslovakia
Wladislaw Gomulka
Poland
Janos Kadar
Hungary
Todor Zhivkov
Bulgaria
Leonid L Brezhnev
Volunteer Army Debate Underway in Senate Clash
Washington AP reports the Senate begins a broad debate on replacing the draft with an all volunteer Army after failed efforts to curb the Safeguard antimissile system. A rare coalition supports scrapping the draft, signaling extensive discussion and party alignment.
MENTIONED IN THIS ARTICLE
Washington
Senate
Trout Building restoration and open house planned in Frederick
Restoration completed on the Trout Building at 15 N. Court St in Frederick with a Friday open house from 3 to 6 p.m. The Old Citizens Building design uses colonial styling for downtown restoration. First floor space reserved for James G Trout others 2000 sq ft offices available. building features include zoned heat air conditioning wall to wall carpeting draperies paneling and storage. Trout Auction and Realty Inc invites public tours and refreshments.
MENTIONED IN THIS ARTICLE
N. Court St
Citizens Building
Frederick
James G. Trout
Trout Auction and Realty Inc
Also Mentioned on This Page
Rev. Duffey
Willy Brandt
East Europe
Volunteer Army
Colonial
Edward Brooke
R-Mass
Eugene McCarthy
D-Minn
Edward M Kennedy
D-Mass
McCarthy
Ohio
Kent State University
Mark Hatfield
Oregon
Barry Goldwater
Arizona
John Stennis
D|miss
The
Armed Services ' Committee
White House
Pentagon
Stennis
Carolee Stup
Hagerstown
Penna, Ave
L’aiglon Apparel, Inc
W. Frederick ST. Walkersville, MD
E. Antietam ST. Hagerstown, MD
Eutaw ST
Baltimore, MD
Slick
George
N. Market St