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ROSS v. A.H. ROBINS CO., INC.

No. 77 Civ. 1409 (CBM).

700 F.Supp. 682 (1988)

Kalman ROSS & Anita Ross, Plaintiffs, v. A.H. ROBINS COMPANY, INC., E. Clairborne Robins, William L. Zimmer, III, and E. Clairborne Robins, Jr., Defendants.

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

September 12, 1988.

Attorney(s) appearing for the Case

Wolf, Popper, Ross, Wolf & Jones, New York City by Eric L. Keisman, for plaintiffs and Class.

Cahill, Gordon, & Reindel, New York City by Leonard A. Spivak, for defendants.

OPINION

MOTLEY, District Judge.

FACTS

Plaintiffs seek approval of a proposed settlement in a securities class action against A.H. Robins Company, Inc. and certain of its officers and directors. The settlement was presented to this court on April 4, 1985, but remained necessarily in limbo pending now resolved bankruptcy proceedings against the Robins company.

In a case that began some eleven years ago, Plaintiffs alleged that Defendants...

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