Legal Opinion
Schimmel v. Samuel H. Goldman & Banner Industries, Inc.
District Court, S.D. New York
Decided January 8, 1973No. 71 Civ. 600PublishedCited by 19 opinions
1Opinion of the Court
BAUMAN, District Judge.
This is an application pursuant to Rule 23 of the Federal Rules of Civil Procedure seeking the Court’s approval of a stipulation of settlement discontinuing this § 16(b) action in return for defendant Goldman’s payment of approximately 72% of the maximum possible recovery. Notice of a hearing on the merits was published in the New York Times and sent to the Regional Office of the Securities and Exchange Commission in accordance with an order of this Court. Though no shareholder of defendant Banner Industries, Inc. (“Banner”) has objected to the settlement, the SEC has…
2Cases cited7 opinions
- Colby v. KluneCourt of Appeals for the Second Circuit · 1949
- Glicken v. BradfordDistrict Court, S.D. New York · 1964
- Zerkle v. Cleveland-Cliffs Iron Co.District Court, S.D. New York · 1971
- Steinberg v. SharpeDistrict Court, S.D. New York · 1950
- Lockheed Aircraft Corp. v. RathmanDistrict Court, S.D. California · 1952
2 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Granada Investments, Inc. v. DWG Corp.Court of Appeals for the Sixth Circuit · 1992
- Zimmerman v. BellCourt of Appeals for the Fourth Circuit · 1986
- Fed. Sec. L. Rep. P 99,484 John F. Maher v. Zapata Corporation v. William Maldonado, Objector-AppellantCourt of Appeals for the Fifth Circuit · 1983
- Schaps v. Just Enough Corp. (In Re Pinto Trucking Service, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1988
- Rosenberg v. Jack Foley Realty, Inc.District Court, D. Maryland · 1979
14 more not listed; retrieve them via the Exa API.