Legal Opinion
Laborers Local 1298 Annuity Fund Ex Rel. Rite Aid Corp. v. Grass
District Court, E.D. Pennsylvania
Decided June 8, 2001No. MDL 1360. Nos. 99-CV-1349, CIV.A. 99-2493PublishedCited by 47 opinions
1Opinion of the Court
MEMORANDUM
DALZELL, District Judge.
In fulfillment of our duties under Fed. R.Civ.P. 23(e) and 23.1, we here consider the fairness and propriety of two settlements in this multi-district litigation ’ involving Rite Aid Corporation. The first settlement partially resolves pending class action shareholder litigation under the federal securities laws, and the second constitutes the complete settlement of federal and state derivative litigation. 1
We received voluminous submissions from the parties, and conducted, after due notice, a fairness hearing on April 6, 2001. Although the economic aspects…
2Cases cited31 opinions
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Missouri v. Jenkins Ex Rel. AgyeiSupreme Court of the United States · 1989
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
- Trustees v. GreenoughSupreme Court of the United States · 1882
- Boeing Co. v. Van GemertSupreme Court of the United States · 1980
26 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- In Re Rite Aid Corporation Securities Litigation Class Member/objector Walter KaufmannCourt of Appeals for the Third Circuit · 2005
- Maley v. Del Global Technologies Corp.District Court, S.D. New York · 2002
- Thacker v. Chesapeake Appalachia, L.L.C.District Court, E.D. Kentucky · 2010
- In re Checking Account Overdraft LitigationDistrict Court, S.D. Florida · 2011
- Boone v. City of PhiladelphiaDistrict Court, E.D. Pennsylvania · 2009
42 more not listed; retrieve them via the Exa API.