Samuel M. Feinberg Testamentary Trust v. Carter

OPINION

WALKER, District Judge:

INTRODUCTION

The instant case arises out of the November 5, 1984 repurchase by Defendant The B.F. Goodrich Company (“Goodrich”), a New York corporation with its principal place of business in Ohio, of more than 1,000,000 shares of Goodrich common stock held by Defendant Carl Icahn (“Icahn”). Plaintiffs Samuel M. Feinberg Testamentary Trust (“Feinberg Trust”), an Illinois trust, and Edith Citron (“Citron”), a Florida resident, bring the instant action against the Goodrich board of directors who approved this stock repurchase (“Goodrich Directors”), Goodrich, Icahn,…