Legal Opinion
In Re Sears, Roebuck and Co. Securities Lit.
District Court, E.D. Pennsylvania
Decided May 1, 1992No. Civ. A. 91-2878, 91-3210 and 91-3322PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM
BARTLE, District Judge.
This action is a consolidation of three cases which were filed by various shareholders, as shareholder derivative and class actions, against Sears, Roebuck & Company (“Sears”). 1 Plaintiffs alleged violations of to § 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. § 78n(a), and Rule 14(a)-9 promulgated thereunder; § 404 of the Employee Retirement Income Security Act, 29 U.S.C. § 1104; and New York corporate law. 2
Plaintiffs allege a class consisting of:(1) all persons who owned shares of Sears’ common stock on March 21, 1991, and were eligible to vote…
2Cases cited12 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Abraham WELDON, Appellant, v. KRAFT, INC.Court of Appeals for the Third Circuit · 1990
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3Cited by3 opinions
- General Electric Co. v. CathcartCourt of Appeals for the Third Circuit · 1992
- Hughes Salaried Retirees Action Committee Peter Formo Richard E. Miller Norman C. Rigby v. Administrator of the Hughes Non-Bargaining Retirement PlanCourt of Appeals for the Ninth Circuit · 1995
- Hughes Salaried Retirees Action Committee Peter Formo Richard E. Miller Norman C. Rigby v. Administrator of the Hughes Non-Bargaining Retirement PlanCourt of Appeals for the Ninth Circuit · 1995