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CARDONE v. EMPIRE BLUE CROSS AND BLUE SHIELD

No. 94 Civ. 4368 (HB).

884 F.Supp. 838 (1995)

Albert A. CARDONE, Plaintiff, v. EMPIRE BLUE CROSS AND BLUE SHIELD, Harry C. Barrett, Phillip Briggs, John R. Gunn, Theresa A. Infantino, William T. Lee, Robert O. Lehrman, Wesley R. Liebtag, Edward J. Malloy, John McGillicuddy, Michael S. Modell, Hugo Monnig, Jr., Robert O'Brien, Frederick Wilkinson, Robert D. Wilson, Harold Wolchok, John Zuccotti, Harold E. Vogt, Whitman Breed Abbott & Morgan, Salvatore R. Curiale, Individually and as Superintendent of the New York State Department of Insurance and John Does Nos. 1-20, Defendants.

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

April 20, 1995.

Attorney(s) appearing for the Case

Oppenheimer Wolff & Donnelly, New York City (Christopher W. Jones, Herbert C. Ross, Jr., Allison F. Blackwell, of counsel), for plaintiff.

Weil, Gotshal & Manges, New York City (Otto G. Obermaier, Mark A. Jacoby, Jonathan S. Greenberg, Lawrence J. Baer, Peter A. Antonucci, Linda R. Daly, of counsel), for defendants Empire Blue Cross and Blue Shield, Philip Briggs, John R. Gunn, Theresa C. Infantino, William T. Lee, Robert O. Lehrman, Wesley R. Liebtag, Edward T. Malloy, John McGillicuddy, Michael S. Modell, Robert O'Brien, Frederick Wilkinson, Harold Wolchok and John Zuccotti.

Patterson, Belknap, Webb & Tyler, New York City (Harold R. Tyler, Jr., Robert D. Wilson, Jr., of counsel), for defendants Hugo Monnig, Jr. and Robert D. Wilson.

Gordon Marshall, New York City (Jack S. Hoffinger, Vivian Berger, of counsel), for defendant Harold E. Vogt.

G. Oliver Koppel, Atty. Gen. of State of N.Y., New York City (Jane Lauer Barker, M. Patricia Smith, of counsel), for defendant Salvatore R. Curiale, Superintendent of New York State Dept. of Ins.

OPINION AND ORDER

BAER, District Judge.

This case arises from a 1993 public debate over the financial condition of New York's major non-profit health insurance provider. The claims of plaintiff Albert A. Cardone grow out of his precipitous and not entirely voluntary resignation as Chairman and Chief Executive Officer of Empire Blue Cross and Blue Shield in May 1993. A year later, Cardone sued Empire and sixteen of its current and former Directors...

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