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BEECHER v. ABLE

Nos. 66 Civ. 3471, 66 Civ. 3382, 66 Civ. 3775, 68 Civ. 4141 and 66 Civ. 3216.

441 F.Supp. 426 (1977)

Lawrence J. BEECHER et al., Plaintiffs, v. Charles R. ABLE et al., Defendants. Harry H. LEVY, Plaintiff, v. DOUGLAS AIRCRAFT COMPANY, INC., et al., Defendants. Lillian GOTTESMAN, Plaintiff, v. A. V. LESLIE et al., Defendants. Lawrence KOBRE, Plaintiff, v. Wellwood E. BEALL et al., Defendants. Mac HERBST et al., Plaintiffs, v. Charles R. ABLE et al., Defendants.

United States District Court, S. D. New York.

June 23, 1977.

Attorney(s) appearing for the Case

Pomerantz, Levy, Haudek & Block by Abraham L. Pomerantz, Robert B. Block, New York City, for class plaintiffs.

White & Case by Haliburton Fales, 2d, Sharon E. Grubin, New York City, for defendant McDonnell Douglas Corp.

MEMORANDUM OPINION

MOTLEY, District Judge.

On February 11, 1976 the parties entered into a Stipulation of Settlement which was subsequently approved by this court on August 25, 1976. That settlement provided that Douglas would establish a fund in the amount of $5 million to be paid to the three plaintiff classes in accordance with the settlement plan. On November 22, 1976 Douglas notified the court that the number of claims filed had fallen substantially...

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