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IN RE PENN CENTRAL SECURITIES LITIGATION, M.D.L. DKT. NO. 56

No. 73-1609.

494 F.2d 528 (1974)

In re PENN CENTRAL SECURITIES LITIGATION, M.D.L. DOCKET NO. 56, Civil Action Nos.: 70-2005; 70-2010; 70-2137; 70-2320; 70-2505; 70-2596; 70-2696; 70-2818; 70-2933; 71-265; 71-266; 71-267; 71-268; 71-277; 71-278; 71-280; 71-476; 71-971 Plaintiff-shareholders in the above-captioned actions, Appellants.

United States Court of Appeals, Third Circuit.

Decided March 14, 1974.

Attorney(s) appearing for the Case

David Berger, Philadelphia, Pa., for appellants.

Raymond K. Denworth, Jr., Drinker, Biddle & Reath, Lewis H. Van Dusen, Jr., Philadelphia, Pa., for appellee.

Before KALODNER, ADAMS and ROSENN, Circuit Judges.

OPINION OF THE COURT

ROSENN, Circuit Judge.

This appeal is another instance of the widespread litigation spawned by the reorganization in bankruptcy of the Penn Central Transportation Company. Appellants, plaintiffs in the district court, have appealed from an order granting partial summary judgment to defendants in the consolidated multidistrict proceedings known as the Penn Central Securities Litigation, which has been assigned to Chief Judge Lord of ...

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