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FRY v. UAL CORP.

No. 90 C 0999.

895 F.Supp. 1018 (1995)

William R. FRY, Anthony J. Marra, Sidney Mishkin, Thomas J. Dwyer, Kathleen B. Dwyer, Progressive Corporation, and Meridian Strategic Investments, L.P., Plaintiffs, v. UAL CORPORATION, a Delaware Corporation, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

August 11, 1995.

Attorney(s) appearing for the Case

Charles J. Barnhill, Davies, Barnhill & Galland, P.C., Madison, WI, David Barry Kahn, Mark E. King, David B. Kahn & Associates, Ltd., Northfield, IL, for plaintiffs.

Susan Getzendanner, Donna L. McDevitt, Charles F. Smith, Jr., John Kevin Lyons, Addison D. Braendel, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for defendant.

MEMORANDUM OPINION AND ORDER

CASTILLO, District Judge.

This is a class action securities fraud suit brought by the plaintiffs on behalf of all persons who sold Allegis1 common stock or puts in Allegis common stock between October 29, 1987 and December 8, 1987.2 The suit arises out of defendant UAL Corporation's ("UAL") public announcement on October 29, 1987, that it would distribute the proceeds...

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