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LINGIS v. MOTOROLA, INC.

No. 03 C 5044.

868 F.Supp.2d 771 (2012)

Stephen G. LINGIS, Donald L. Smith, and Peter D. White, on Behalf of Themselves and a Class of Persons Similarly Situated, Plaintiffs, v. MOTOROLA, INC., The Profit Sharing Committee of Motorola, Inc., Rick Dorazil, Christopher B. Galvin, Robert L. Growney, H. Laurance Fuller, Anne P. Jones, Judy C. Lewent, Walter E. Massey, Nicholas Negroponte, John E. Pepper, Jr., Samuel C. Scott III, Gary L. Tooker, John A. White, and Carl F. Koenemann, Defendants.

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

June 1, 2012.

Attorney(s) appearing for the Case

Edwin J. Mills, Stull, Stull & Brody, Joseph H. Weiss, Weiss & Yourman, New York, NY, Bruce C. Howard, Robert D. Allison, Robert D. Allison & Associates, Chicago, IL, for Plaintiffs.

Ada W. Dolph, Brian William Barrett, Brian M. Stolzenbach, Camille Annette Olson, Ian H. Morrison, Timothy F. Haley, Alissa L. Gilfand, James Stephen Poor, Seyfarth Shaw LLP, Chicago, IL, Emily M. Pasquinelli, John C. Massaro, Sarah Kotler, Stephen M. Sacks, Arnold & Porter LLP, Washington, DC, John T. Murray, Seyfarth Shaw Fairweather & Geraldson, Atlanta, GA, for Defendants.

MEMORANDUM OPINION AND ORDER

REBECCA R. PALLMEYER, District Judge.

This case is again before the court for resolution of a lingering dispute concerning allocation of costs incurred in an unsuccessful ERISA class action brought against the Motorola Profit Sharing Plan. The action arose from a drop in the value of Motorola's shares that Plaintiffs attribute to the disclosure of material information concerning approximately $2 billion in high-risk loans...

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