Legal Opinion
Golden v. Gulf & Western Industries, Inc.
District Court, S.D. New York
Decided January 22, 1973No. M. D. L. No. 67; Civ. A. No. 70 Civ. 5371PublishedCited by 1 opinion
1Opinion of the Court
OPINION WITH RESPECT TO PROPOSED SETTLEMENT
ALVIN B. RUBIN, District Judge:
The parties to these consolidated class actions have agreed to settle the claims of those who were formerly preferred stockholders of Brown Company (“Brown”) arising out of an exchange of their stock for debentures and warrants on June 9, 1970. Notice of the *576proposed settlement was given to all members of the class. Judicial approval of the settlement is now sought, in accordance with the requirements of Rule 23(e), F.R.Civ.P.
The original class consisted of the holders of 597,913 shares. The holders of 15,018 shares…
2Cases cited27 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- Fed. Sec. L. Rep. P 93,547 Arthur Newman v. Howard M. Stein, and Morrie Benson and Rose Lerman, Objectants-AppellantsCourt of Appeals for the Second Circuit · 1972
- Abram Chasins v. Smith, Barney & Co., Inc.Court of Appeals for the Second Circuit · 1971
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3Cited by1 opinion
- In Re Brown Company Securities LitigationDistrict Court, S.D. New York · 1973