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WEISS v. DREW NAT. CORP.

No. 75 Civ. 4816.

465 F.Supp. 548 (1979)

Stella WEISS, a/k/a Stella Ydowitz, Plaintiff, v. DREW NATIONAL CORPORATION, Hertz Herson & Company, Harold Aibel, Lawrence Aibel, James Corines, Norman Elson, Murray Gains, Harry L. Goldberg, Herbert Kdrasnow, Lewis C. Leighton, I. H. Plone, Jerry Pressman, Sol Schalman, Seymour Schwartz, Michael J. Maloney and Leigh J. Abrams, Defendants.

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

February 8, 1979.

Attorney(s) appearing for the Case

Law Firm of Arthur N. Abbey, New York City, Milberg Weiss, Bershad & Specthrie, New York City, Crystal & Driscoll, P.C., New York City, Martin H. Philip, Palmerton, Pa., Booth, Lipton & Lipton, New York City, for plaintiffs.

D'Amato & Lynch, New York City, by Richard G. McGahren, New York City, of counsel; Cole & Dietz, New York City, by Robert E. Kushner, New York City, of counsel, for defendants.

OPINION

SWEET, District Judge.

Plaintiffs and their attorneys in this class action have submitted a petition pursuant to Rule 23(e), Fed.R.Civ.P., and in accordance with Civil Rule 11B of the Local Rules of the Southern District of New York, seeking approval of a proposed settlement, an award of attorney's fees, and reimbursement of expenses.

Plaintiffs alleged violations by the defendants of Section 10(b) of the Securities Exchange Act of 1934,...

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