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SARNOFF v. AMERICAN HOME PRODUCTS CORP.

No. 83 C 0647.

607 F.Supp. 77 (1985)

Norton SARNOFF and Carl Fletcher, Plaintiffs, v. AMERICAN HOME PRODUCTS CORP., a Delaware corporation, Defendants.

United States District Court, N.D. Illinois, E.D.

February 20, 1985.

Attorney(s) appearing for the Case

Lionel G. Gross, Robert K. Blain, Altheimer & Gray, Chicago, Ill., for plaintiffs.

Lewis Perkiss, Kenneth J. Petrine, New York City, for defendants.

MEMORANDUM OPINION AND ORDER

WILLIAM T. HART, District Judge.

Plaintiffs Norton Sarnoff and Carl Fletcher brought this action against their former employer, American Home Products Corporation ("AHP"), in an effort to recover profit-sharing benefits awarded to them under AHP's Management Incentive Plan (the "Plan") during their employment. AHP, through its Incentive Compensation Committee (the "Committee"), declared...

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