ML19339D036

Informs That Eh & KM Lecrone Do Not Wish to Be Included in Class Action Claims Filed Against Gpu in Securities Litigation MDL 393

ML19339D036
Person / Time
Site:	Three Mile Island
Issue date:	02/05/1981
From:	Lecrone E, Lecrone K AFFILIATION NOT ASSIGNED
To:	GENE MESH CO.
References
NUDOCS 8102170064
Download: ML19339D036 (1)

Text

I FAC... . .h.b 549 S"-4 t Avenue Hagerstown, MD 21740 eg ; -

February 5, 1981 E Gene Mesh Cc=pany, L.P.A. 8 f '

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E P. o. Box 6028 FEB 12 7ss;x '

Cincinnati, Ohio 45206 -

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%,,% wen f Re: General Public Utilities Securities .itization MDL No. S

I l This is to let you know that we do NOT wish to be included in the class act1Yn clai=s being filed against General Public Utilities in the Securities Litigation MDL No. 393. Since we wish to be excluded fro = this class action, we see no need to specify the nu=ber of shares purchased and the dates of purchases. We did indeed purchase stock during the period fro = August 25, 1975, to April 1, 1979. As indicated fro = ycur = ailing label, the purchases are in the na=e of Edgar H. Leerone and Kathleen M. Leerone, Ten Ent, and our address re=ains the same.

Instead of seeking to ec= pound GPU's financial problems, it would be =ost welco=e if sc=e individuals , groups , co==issions , ar gover== ental bodies t. auld lend.

sc=e support to this critical situation. It is ironic how little e=phasis is placed on helping an ailing utility, and each of us is sorely dependent upon their being there to furnish us with current to =aintain our hc=es , our businesses, our very livelihood.

Previous government ad=inistrations have co=e to the rescue of Chrysler and Lockheed; what is so different regarding GPU's disaster. It would appear that a

=ajor share of this burden should be carried by the NRC, and it is hoped they will provide sc=e assistance.

Nuclear power is a necessity--= ore efficient, = ore economical, and safer than coal or oil in the production of electricity. It should be pro =oted instead.of discouraged.

Utilities are bern ed and bedeviled, yet they are expected to perfor= =iracles.

They receive lit *:le recognition or appreciation until "the lights go out." We suggest sc=e of our gover== ental bodies take an affir=ative approach be^ fore it is too late.

Needless to say, we oppose the action you are taking.

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1 NY Kathleen M. Leerog Ed'ggar H. Leerone ec: Mr. W. G. Kuhns, Chairman, GPU gA Chair..an Susan Shana=an, ?.P.U.C.

7 Chair =an John F. Ahearne, U.S.N.R.C M D Governor Richard Thornburgh toCKETED

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