Legal Opinion

Schwartz v. Novo Industri A/S

District Court, S.D. New York

Decided March 21, 1988No. 85 Civ. 5500 (KC)PublishedCited by 11 opinions

1Opinion of the Court

OPINION AND ORDER

CONBOY, District Judge:

Plaintiff applies for an order and judgment, pursuant to Fed.R.Civ.P. Rule 23(e), approving the proposed settlement of a securities fraud class action lawsuit. The proposed settlement is on behalf of a class consisting of all persons who purchased or otherwise acquired American Depository Shares of the Class B stock of Novo Industri A/S (“Novo”) between November 15, 1983 and October 12, 1984, inclusive (the “class period”), except Novo, its agents and nominees, and persons within Novo’s control. The settlement fund is $425,000. Plaintiff’s counsel seeks…

2Cases cited48 opinions

  1. Blum v. StensonSupreme Court of the United States · 1984
  2. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  3. Pennsylvania v. Delaware Valley Citizens' Council for Clean AirSupreme Court of the United States · 1986
  4. City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
  5. New York State Association for Retarded Children, Inc. v. Hugh L. Carey, Individually and as Governor of the State of New YorkCourt of Appeals for the Second Circuit · 1983

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3Cited by11 opinions

  1. In re PaineWebber Ltd. Partnerships LitigationDistrict Court, S.D. New York · 1997
  2. Enterprise Energy Corp. v. Columbia Gas Transmission Corp.District Court, S.D. Ohio · 1991
  3. In Re American Bank Note Holographics, Inc.District Court, S.D. New York · 2001
  4. Chatelain v. Prudential-Bache Securities, Inc.District Court, S.D. New York · 1992
  5. In re Advanced Battery Technologies, Inc. Securities LitigationDistrict Court, S.D. New York · 2014

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