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MONTGOMERY v. AETNA PLYWOOD, INC.

No. 95 C 3193.

39 F.Supp.2d 915 (1998)

Howard R. MONTGOMERY, for himself and for all others similarly situated for themselves and for Aetna Plywood, Inc. Profit Sharing Plan as successor to Aetna Plywood, Inc., Employee Stock Ownership Plan, Nominal Defendant, Plaintiffs, v. AETNA PLYWOOD, INC., a Delaware corporation, Jeffrey Davis, John Francione, Peter C. John, and Peter Thomsen, Defendants.

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

July 16, 1998.

Attorney(s) appearing for the Case

Clinton A. Krislov, Sara Jane Wisenthal, Krislov & Associates, Ltd., Chicago, IL, Danlel A. Zazove, Barbara J. Yong, Chicago, IL, for plaintiffs.

Dean A. Dickie, Kathleen H. Klaus, D'Ancona & Pflaum, Chicago, IL, C. Barry Montgomery, Williams & Montgomery, Chicago, IL, Richard W. Culver, Barrington, IL, for defendants.

AMENDED FINDINGS OF FACT, CONCLUSIONS OF LAW AND ORDER

HART, District Judge.

Following a bench trial, findings of fact and conclusions of law dated June 11, 1998 were issued. After issuance of the findings, the parties revealed that, during trial, defendants Peter John and Peter Thomsen had reached a settlement with the plaintiff class whereby they agreed to pay $800,000 to settle the claims against them. John and Thomsen are to pay this amount regardless...

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