Legal Opinion
In Re Cendant Corp. Securities Litigation
District Court, D. New Jersey
Decided August 15, 2000No. CIV. 98-1664(WHW)PublishedCited by 8 opinions
1Opinion of the Court
OPINION
WALLS, District Judge.
Derivative Action Plaintiff Martin Deutch moves to intervene to object to settlement pursuant to Federal Rule of Civil Procedure 24(a) & (b): (1) as a current shareholder whose interest in Cen-dant will allegedly be “disproportionately diminished as a result of the Settlement” of the main Cendant class action (“Cal-PERS Action”); and (2) as the derivative action plaintiff “in order to protect the viability of the Company’s and current shareholders’ claims that seek recovery from the individual defendants for exposing the company to harm” in the CalPERS action. DP…
2Cases cited26 opinions
- In Re: The Prudential Insurance Company Of America Sales Practices LitigationCourt of Appeals for the Third Circuit · 1998
- Girsh v. JepsonCourt of Appeals for the Third Circuit · 1975
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- In Re Prudential Insurance Co. of America Sales Practices LitigationDistrict Court, D. New Jersey · 1997
- In Re Jiffy Lube Securities LitigationCourt of Appeals for the Fourth Circuit · 1991
21 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
- In Re Cendant Corp. Securities LitigationDistrict Court, D. New Jersey · 2001
- In Re: Cendant Corporation Litigation Martin Deutch, Derivatively on Behalf of Cendant Corp.Court of Appeals for the Third Circuit · 2001
- In re Johnson & Johnson Derivative LitigationDistrict Court, D. New Jersey · 2012
- In Re Sterling Foster & Co., Inc., Securities Lit.District Court, E.D. New York · 2002
3 more not listed; retrieve them via the Exa API.