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BEECHER v. ABLE

No. 329, Docket 77-7384.

575 F.2d 1010 (1978)

Lawrence J. BEECHER et al., Plaintiffs-Appellees, v. Charles R. ABLE et al., Defendants, and four other actions, McDonnell Douglas Corporation, Defendant-Appellant.

United States Court of Appeals, Second Circuit.

Decided April 13, 1978.

Attorney(s) appearing for the Case

Pomerantz, Levy, Haudek & Block, Abraham L. Pomerantz, Robert B. Block, New York City, on the brief, for plaintiffs-appellees.

White & Case, Haliburton Fales, 2d, Sharon E. Grubin, New York City, on the brief, for defendant-appellant.

Before MOORE and GURFEIN, Circuit Judges and BONSAL, District Judge.

BONSAL, District Judge:

In late 1975 appellant McDonnell Douglas Corporation ("Douglas") and appellees entered into a preliminary stipulation to settle fifteen actions, of which five were class actions, then pending against Douglas. The preliminary stipulation provided that Douglas pay $5,000,000 as consideration for dismissal of these actions. In early 1976 the parties entered into a definitive stipulation of settlement...

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