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DIERKS v. THOMPSON

Civ. A. No. 3238.

295 F.Supp. 1271 (1969)

Walter W. DIERKS et al., Plaintiffs, v. Rupert C. THOMPSON, Charles P. Williamson, Clarke Simonds, Royal Little, and George William Miller, as they are Trustees of the Market Square Trust, Defendants.

United States District Court D. Rhode Island.

January 21, 1969.

Attorney(s) appearing for the Case

Leon L. Rice, Jr., of Womble, Carlyle, Sandridge & Rice, Winston-Salem, N. C., and Joachim A. Weissfeld, of Graham, Reid, Ewing & Stapleton, Providence, R. I., for plaintiffs.

Jay H. Topkis, Allan Blumstein, and Stephen L. Hammerman, of Paul, Weiss, Goldberg, Rifkind, Wharton & Garrison, New York City, and Edward F. Hindle, and Richard M. Borod, of Edwards & Angell, Providence, R. I., for defendants.

OPINION

Statement of Facts

PETTINE, District Judge.

This action is brought by twenty-one former employees of the Amerotron Company Division (Amerotron) of Textron, Inc. (Textron) now residing in various states throughout the country as a class action on behalf of themselves and all other employees similarly situated as of April 15, 1963 and who were on that date members of the Textron Profit Sharing Plan and Trust ("the Trust" or "the Plan...

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