Montgomery, Howard R v. Aetna Plywood, Inc
Court of Appeals for the Seventh Circuit
1Opinion of the Court
WILLIAMS, Circuit Judge.
This appeal arises out of a class action suit brought by Howard Montgomery on behalf of participants in Aetna Plywood’s Employee Stock Ownership Plan (“ESOP”) against Aetna Plywood and its directors, based on an allegation that Aet-na Plywood had not adequately compensated the ESOP participants when the directors caused the ESOP to sell its shares back to the company. Eventually, the parties reached a pair of settlements. This appeal, however, does not involve, directly at least, the settlements or the underlying class action suit. Rather, it involves three ancillary…
2Cases cited18 opinions
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- Continental Illinois Securities Litigation v. Continental Illinois CorporationCourt of Appeals for the Seventh Circuit · 1992
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- Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
- Larry McCall Cross-Appellant v. Gayle Franzen, Cross-AppelleesCourt of Appeals for the Seventh Circuit · 1985
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3Cited by2 opinions
- Howard R. Montgomery, for Himself and for All Others Similarly Situated, for Themselves and for Aetna Plywood, Inc. Profit Sharing Plan as Successor to Aetna Plywood, Inc., Employee Stock Ownership Plan v. Aetna Plywood, Incorporated, Clinton A. Krislov and Krislov & Associates, Ltd. v. Aetna Plywood, IncorporatedCourt of Appeals for the Seventh Circuit · 2000
- MCGUIRE v. THE ATTORNEY GENERAL OF THE STATE OF NEW JERSEYDistrict Court, D. New Jersey · 2021