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ALEXANDER v. PRIMERICA HOLDINGS, INC.

No. Civ. A. No. 89-5151 (AJL).

811 F.Supp. 1025 (1993)

Judd ALEXANDER and Richard Edwards, on behalf of themselves and as representatives of a class of persons similarly situated, Plaintiffs, v. PRIMERICA HOLDINGS, INC., formerly known as Primerica Corporation, The Board of Directors of Primerica Holdings, Inc., James Dimon, Irwin Ettinger, John Fowler, John Doe 1-10 (being individual members of the Primerica Holdings, Inc. Board of Directors), and ABC (being the administrator of the American Can Salaried Retiree Group Insurance Plan), Defendants.

United States District Court, D. New Jersey.

January 7, 1993.

Attorney(s) appearing for the Case

Michael R. Cole, Robert D. Towey, Riker, Danzig, Scherer, Hyland & Perretti, Morristown, NJ, for plaintiffs.

Saul P. Morgenstern, Dewey Ballantine, New York City and Donald A. Robinson, Robinson, St. John & Wayne, Newark, NJ, for defendants.

OPINION

LECHNER, District Judge.

This is a class action brought by plaintiffs Judd Alexander and Richard Edwards on behalf of themselves and persons similarly situated (collectively, the "Plaintiffs") against defendants Primerica Holdings, Inc. ("Primerica"), the Board of Directors of Primerica (the "Board of Directors"), James Dimon ("Dimon"), Irwin Ettinger ("Ettinger"), John Fowler ("Fowler") and ABC (the "ABC") (collectively, the "Defendants").

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