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WEINBERG v. LEAR FAN CORP.

No. 84 Civ. 1689 (EW).

627 F.Supp. 719 (1986)

Richard A. WEINBERG, Maciej Kopacz, Jaewook Kim, as Partners of Weinberg, Kopacz & Kim; E. Ronn Heiner, Alan Pierrot, Donald Huene, Barbara Noyes, as Partners of Heiner & Peirrot; Raymond Schwartz, Richard Wheatley, Sathaporn Vathayanon, as Partners of Schwartz, Wheatley & Vathayanon, Plaintiffs, v. LEAR FAN CORPORATION, (a Nevada Corporation); Lear Avia Corporation (a Delaware Corporation); Lear Fan Ltd. (an English Limited Company); Lear Fan Corporation (US) (a Delaware Corporation); Oppenheimer & Co., Inc. (a Delaware Corporation); Zoysia Corporation, N.V. (a Netherlands Antilles Corporation); Fan Holdings, Inc. (a Delaware Corporation); Samuel H. Auld; William W. Surbey; Moya Olsen Lear; and Bob Burch, Defendants.

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

February 5, 1986.

Attorney(s) appearing for the Case

Wolf Popper Ross Wolf & Jones, New York City, Sharon Green, Inc., San Francisco, Cal., for plaintiffs; Robert A. Skirnick, Patricia I. Avery, New York City, Sharon Green, San Francisco, Cal., of counsel.

Schulte Roth & Zabel, New York City, for defendant Oppenheimer & Co., Inc.; David M. Brodsky, E. Scott Gilbert, Debra L. Mellinkoff, of counsel.

Davis Polk & Wardwell, New York City, for defendants Lear Fan Corp., LearAvia Corp., Zoysia Corp., N.V., Fan Holdings, Inc., Samuel H. Auld, Bob Burch, Moya Olsen Lear, and William W. Surbey; Scott Muller, Robert Kasdin, of counsel.

Davis Graham & Stubbs, Denver, Colo., for Darl G. Hobson, Chapter 11 Trustee for Lear Fan Ltd. and Lear Fan Corp. (US); Glen E. Keller, Jr., C. Randel Lewis, of counsel.

OPINION

EDWARD WEINFELD, District Judge.

This is a motion, upon notice to all members of the proposed class, for approval of a settlement pursuant to Fed.R.Civ.P. 23(e) and for the allowance of attorneys' fees to plaintiffs' counsel.

Plaintiffs, nine medical doctors and one Ph.D, commenced this action in October 1983 in the United States District Court for the Eastern District of California on behalf of themselves and a class of approximately 200...

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