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FERBER v. TRAVELERS CORP.

No. 2:90CV00842 (AHN).

802 F.Supp. 698 (1992)

Stanley FERBER, et al. v. The TRAVELERS CORPORATION, Edward H. Budd; Richard J. Shima; Thomas O. Thorsen.

United States District Court, D. Connecticut.

August 14, 1992.

Attorney(s) appearing for the Case

Robert I. Harwood, Joel C. Feffer, Wechsler Skirnick Harwood Halebian & Feffer, Robert P. Sugarman, Milberg Weiss Bershad Specthrie & Lerach, New York City, J. Daniel Sagarin, Britta S. Schneider, Hurwitz & Sagarin, Milford, Conn., for plaintiffs.

Herbert M. Wachtell, George T. Conway, III, Arthur S. Greenspan, Wachtell, Lipton, Rosen & Katz, New York City, Thomas J. Groark, Jr., Sharon S. Tisher, Day, Berry & Howard, Hartford, Conn., for defendants.

RULING ON MOTION TO DISMISS SECOND AMENDED COMPLAINT

NEVAS, District Judge.

On December 2, 1991, the court dismissed all five counts of this uncertified class action brought by twenty-one shareholders ("the plaintiffs") against the Travelers Corporation ("Travelers"), Edward H. Budd ("Budd"), Thomas O. Thorsen ("Thorsen"), and Richard Shima ("Shima") (collectively, "the defendants"), for violations of federal securities laws and Connecticut common law. ...

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