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HOFFMAN ELEC., INC. v. EMERSON ELEC. CO.

Civ. A. No. 90-72E.

800 F.Supp. 1289 (1992)

HOFFMAN ELECTRIC, INC., Lawrence R. Musselman & Georgiana R. Musselman, as Co-Trustees of the Lawrence R. Musselman and Georgiana R. Musselman Trust, and Walter Winius, Jr., on Behalf of Themselves and All Others Similarly Situated, Plaintiffs, v. EMERSON ELECTRIC COMPANY, a foreign corporation, Load Management Development Corporation, a foreign corporation and Harold F. Faught, Defendants.

United States District Court, W.D. Pennsylvania.

August 11, 1992.

Attorney(s) appearing for the Case

Philip B. Friedman, Ambrose & Friedman, Erie, Pa., for plaintiffs/class.

David F. Dobbins, Patterson, Belknap, Webb & Tyler, New York City, Edwin L. Klett, Klett Lieber Rooney & Schorling, Pittsburgh, Pa., for defendants.

John Michael Clear, Bryan, Cave, McPheeters & McRoberts, St. Louis, Mo., J. Tomlinson Fort, Joseph C. Bartolacci, Pittsburgh, Pa., for plaintiff/Hoffman Elec.

OPINION

COHILL, Chief Judge.

On July 8, 1992 this Court held a hearing to approve a class action settlement proposal. We decided to hold this hearing after protracted negotiations between class counsel and defense counsel had resulted in a stalemate. At the hearing we approved the settlement proposal over the objections of class counsel and, consistent with Rule 52 of the Federal Rules of Civil Procedure, read into the record preliminary findings of fact...

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