Legal Opinion

In Re Sunrise Securities Litigation

District Court, E.D. Pennsylvania

Decided October 28, 1988No. MDL 655PublishedCited by 27 opinions

1Opinion of the Court

MEMORANDUM

O’NEILL, District Judge.

Plaintiffs Federal Savings and Loan Insurance Corporation (“FSLIC”) and class shareholders have reached a proposed agreement settling their claims against defendants Blank, Rome, Comisky & McCau-ley (“Blank Rome”), Michael D. Foxman, M. Kalman Gitomer, Kenneth A. Treadwell and Edward G. Fitzgerald. The agreement encompasses a number of claims: state common law and Securities Exchange Act of 1934 claims alleged in In re Sunrise Securities Litigation (MDL No. 655) (the “Securities case”); fiduciary duty claims alleged in FSLIC v. Jacoby, et al. (C.A. No.…

2Cases cited23 opinions

  1. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  2. United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
  3. Griffith v. United Air Lines, Inc.Supreme Court of Pennsylvania · 1964
  4. United States v. Standard Oil Co. Of CaliforniaSupreme Court of the United States · 1947
  5. Reich v. PurcellCalifornia Supreme Court · 1967

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3Cited by27 opinions

  1. Pennsylvania v. Delaware Valley Citizens' Council for Clean AirSupreme Court of the United States · 1987
  2. Wilks v. Ford Motor Co.District Court, D. New Jersey · 1997
  3. Franklin v. Kaypro Corp.Court of Appeals for the Ninth Circuit · 1989
  4. Fed. Sec. L. Rep. P 98,658 Paulette Eichenholtz, Individually and on Behalf of All Others Similarly Situated and Derivatively on Behalf of International Breeders, Inc., and David W. Craig, (Intervenor in d.c.) v. Robert E. Brennan First Jersey Securities, Inc. International Thoroughbred Breeders, Inc. Garden State Racetrack, Inc. Rooney Pace, Inc. First Philadelphia Corporation Kerry B. Fitzpatrick John W. Allen Joseph C. Daniel, Jr. Jack Price Robert J. Quigley Norman Rothstein John J. Degnan Richard J. Hughes Ronald J. Riccio Joseph K. Fisher and Herbert Barness. Larry Salberg, Individually and on Behalf of All Others Similarly Situated and David W. Craig, (Intervenor in d.c.) v. Robert E. Brennan First Jersey Securities, Inc. International Thoroughbred Breeders, Inc. Rooney Pace, Inc. Kerry B. Fitzpatrick Robert J. Quigley John J. Degnan Richard J. Hughes Ronald J. Riccio and Joseph K. Fisher First Jersey Securities, Inc. Rooney Pace, Inc. And First Philadelphia Corporation, No. 94-5253, D.C. Civ. A. Nos. 88-Cv-00515, 88-Cv-00773Court of Appeals for the First Circuit · 1995
  5. Alvarado Partners, L.P. v. MehtaDistrict Court, D. Colorado · 1989

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