Legal Opinion
Foltz v. U.S. News & World Report, Inc.
District Court, District of Columbia
Decided January 15, 1986No. Civ. A. 84-0447PublishedCited by 51 opinions
1Opinion of the Court
MEMORANDUM OPINION
BARRINGTON D. PARKER, Senior District Judge:
This class action suit is brought against U.S. News & World Report magazine (“U.S. News” or “Company”) by a group of its former employees who terminated their employment during the period from 1974 through 1981. 1 The litigation was triggered by the sale, in October 1984, of U.S. News to real estate magnate and developer Mortimer Zuckerman for approximately $176 million. Plaintiffs complain that the stock of the Company, which constituted the corpus of the employee profit-sharing plan, was wrongfully and grossly undervalued for a…
2Cases cited103 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
- Cort v. AshSupreme Court of the United States · 1975
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Massachusetts Mutual Life Insurance v. RussellSupreme Court of the United States · 1985
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3Cited by51 opinions
- Diduck v. Kaszycki & Sons Contractors, Inc.Court of Appeals for the Second Circuit · 1992
- Al Nieto, Clarence Valdez, Adrian Munenmann, Lester Olivera and Joana L. Gonzales v. Louis Ecker, and Roger FrommerCourt of Appeals for the Ninth Circuit · 1988
- Whitfield v. LindemannCourt of Appeals for the Fifth Circuit · 1988
- Uselton v. Commercial Lovelace Motor Freight, Inc.Court of Appeals for the Tenth Circuit · 1991
- Greenblatt v. Budd Co.District Court, E.D. Pennsylvania · 1987
46 more not listed; retrieve them via the Exa API.