Moulton v. Stewart Enterprises, Inc.

Judge Rosemary Ledet

|!This is a direct stockholder class action. From the trial court’s October 31, 2016 judgment granting certain defendants’ motions for summary judgment, the plaintiffs appeal. Because the trial court’s judgment lacks the required decretal language for a final judgment, we dismiss the plaintiffs’ appeal without prejudice and remand.

FACTUAL AND PROCEDURAL BACKGROUND

This suit arises out of a $1.4 billion merger transaction involving two of the country’s largest publicly traded death care companies—Service Corporation International (“SCI”) and Stewart Enterpris*571es, Inc.…