Legal Opinion
Foltz v. U.S. News & World Report, Inc.
Court of Appeals for the D.C. Circuit
Decided January 13, 1989No. Nos. 87-7151 to 87-7153PublishedCited by 22 opinions
1Opinion of the Court
Opinion for the Court filed by Circuit Judge WILLIAMS.
STEPHEN F. WILLIAMS, Circuit Judge:
Appellants are former employees of U.S. News & World Report, Inc. All retired between 1974 and 1982. At their retirements, U.S. News exercised its option to purchase the shares in the company that each had received as part of a stock bonus program. In addition, the U.S. News Profit-Sharing Plan issued retirement benefits to each of them, computed on the basis of their proportional interests in U.S. News stock held by the Plan (virtually its sole asset). The stock was not publicly traded, and in valuing…
2Cases cited16 opinions
- Pilot Life Insurance v. DedeauxSupreme Court of the United States · 1987
- Alessi v. Raybestos-Manhattan, Inc.Supreme Court of the United States · 1981
- Edgar v. Mite Corp.Supreme Court of the United States · 1982
- Central States, Southeast & Southwest Areas Pension Fund v. Central Transport, Inc.Supreme Court of the United States · 1985
- Donovan v. CunninghamCourt of Appeals for the Fifth Circuit · 1983
11 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Wright v. Oregon Metallurgical Corp.Court of Appeals for the Ninth Circuit · 2004
- Juan Armstrong, on Behalf of Themselves and Others Similarly Situated v. Lasalle Bank National AssociationCourt of Appeals for the Seventh Circuit · 2006
- William Mahoney v. Board of Trustees, Boston Shipping Association-International Longshoremen's Association, Afl-Cio Pension PlanCourt of Appeals for the First Circuit · 1992
- James H. Cooke v. Lynn Sand & Stone Company, Trimount Bituminous Products Company, Louis E. Guyott, Ii, and Stuart LambCourt of Appeals for the First Circuit · 1995
- Hood v. Smith's Transfer Corp.District Court, W.D. Kentucky · 1991
17 more not listed; retrieve them via the Exa API.