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SAMUEL M. FEINBERG TESTAMENTARY TRUST v. CARTER

86 Civ. 0698 (JMW).

664 F.Supp. 140 (1987)

The SAMUEL M. FEINBERG TESTAMENTARY TRUST and Edith Citron, Plaintiffs, v. Leigh CARTER, John C. Duncan, David L. Luke III, John D. Ong, David V. Ragone, Ian M. Ross, Patrick C. Ross, Thomas C. Simons, William P. Stiritz, G. Jack Tankersley, John L. Weinberg, Carl Icahn and Crane Associates, Defendants, and The B.F. Goodrich Company, Nominal Defendant.

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

July 13, 1987.

Attorney(s) appearing for the Case

Klari Neuwelt, of Wolf, Popper, Ross, Wolf & Jones, New York City, Barbara F. Wolf, of Sachnoff, Weaver & Rubinstein, Hartford, Conn., Joseph H. Weiss, New York City, for plaintiffs.

John M. Newman, of Jones, Day, Reavis & Pogue, Steven A. Coploff, of Gordon, Hurwitz, Butowsky, Weitzen, Shalov & Weing, Richard W. Reinthaler, of White & Case, New York City, for defendants.

MEMORANDUM AND ORDER

WALKER, District Judge.

INTRODUCTION

In this derivative action, Plaintiffs The Samuel M. Feinberg Testamentary Trust and Edith Citron allege that the individual defendants breached various legal duties when Defendant The B.F. Goodrich Company ("Goodrich") purchased more than 1,000,000 shares of Goodrich common stock held by Defendant Carl Icahn ("Icahn"). In a 45-page opinion dated January 15, 1987, this Court denied defendants...

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