Legal Opinion

In re General Electric Co. Securities Litigation

District Court, S.D. New York

Decided February 11, 2014No. 09 Civ. 1951(DLC)PublishedCited by 7 opinions

1Opinion of the Court

OPINION & ORDER

DENISE COTE, District Judge:

This Opinion addresses a motion pursuant to Rule 7 of the Federal Rules of Appellate Procedure for an order compelling Clark Hampe, a pro se objector to the settlement in this class action securities case, to post an appeal bond for the amount of $54,700. For the following reasons, the motion is granted.

BACKGROUND

This case has a long and tortured history. It will be summarized here to put the objections made by Hampe to the settlement in context.

This litigation began on March 3, 2009, when a putative class consisting of all purchasers of stock of…

2Cases cited21 opinions

  1. Cuoco v. MoritsuguCourt of Appeals for the Second Circuit · 2000
  2. City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
  3. Marek v. ChesnySupreme Court of the United States · 1985
  4. Goldberger v. Integrated Resources, Inc.Court of Appeals for the Second Circuit · 2000
  5. Wal-Mart Stores, Inc. v. Visa U.S.A. Inc.Court of Appeals for the Second Circuit · 2005

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3Cited by7 opinions

  1. Clark v. Gannett Co., Inc.Appellate Court of Illinois · 2019
  2. In re Petrobras Sec. Litig.District Court, S.D. Illinois · 2019
  3. In re Morgan Stanley Data Security LitigationDistrict Court, S.D. New York · 2022
  4. Sharbat v. Iovance Biotherapeutics, Inc.District Court, S.D. New York · 2024
  5. United States v. The M/Y Amadea, a Motor Yacht Bearing International Maritime Organization No. 1012531, Including All Fixtures, Fittings, Manuals, Stocks, Stores, Inventories, and Each Lifeboat, Tender, and Other AppuDistrict Court, S.D. New York · 2025

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