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BERLINSKY v. ALCATEL ALSTHOM

No. 94 Civ. 9088 (CBM).

964 F.Supp. 754 (1997)

Danny BERLINSKY, Plaintiff, v. ALCATEL ALSTHOM COMPAGNIE GÉNÉRALE D'ELECTRICITÉ a/k/a Alcatel Alsthom, Defendant.

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

April 28, 1997.

Attorney(s) appearing for the Case

Joseph H. Weiss, Law Offices of Joseph H. Weiss, New York City, for plaintiff.

Kenneth M. Kramer, Shearman & Sterling, New York City, for defendant.

MEMORANDUM OPINION

MOTLEY, District Judge.

The parties to this class action suit, which arises under § 10(b) of the Securities and Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, have agreed to a settlement. For the reasons provided below, the court finds the terms of this settlement to be fair and reasonable and orders final approval thereof.

BACKGROUND

This is a securities fraud case filed on December 20, 1994. The class...

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