Irvin E. Schermer Trust v. Sun Equities Corp.
District Court, D. Minnesota
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
DOTY, District Judge.
MEMORANDUM
This matter comes before the court upon the plaintiffs’ motion for an order pursuant to Fed.R.Civ.P. 23 certifying this action as a class action. Defendants oppose this motion.
FACTS
According to the complaint, in April 1985, defendants began accumulating stock in Patrick Industries, Inc. (Patrick) through open market purchases. By May 1985 Sun Equities Corporation (Sun) had acquired 30,300 shares and Citrus County Land Bureau, Inc. (Citrus) had acquired 174,700 shares for a total accumulation of 205,000 Patrick shares. Defendants…
2Cases cited20 opinions
- East Texas Motor Freight System, Inc. v. RodriguezSupreme Court of the United States · 1977
- Nathaniel MOSLEY Et Al., Appellants, v. GENERAL MOTORS CORPORATION Et Al., AppelleesCourt of Appeals for the Eighth Circuit · 1974
- Philadelphia Electric Co. v. Anaconda American Brass Co.District Court, E.D. Pennsylvania · 1968
- Fed. Sec. L. Rep. P 96,173 Michael Susman v. Lincoln American Corp., Ann Flamm and Arnold Flamm v. Rudolph Eberstadt, Jr. And Microdot, Inc.Court of Appeals for the Seventh Circuit · 1977
- Roman v. ESB, Inc.Court of Appeals for the Fourth Circuit · 1976
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- Werlinger v. Champion Healthcare Corp.North Dakota Supreme Court · 1999
- Dale v. DaimlerChrysler Corp.Missouri Court of Appeals · 2006
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