STATE TEACHERS RETIREMENT BD. v. FLUOR CORP.

No. 76 Civ. 2135 (RWS).

566 F.Supp. 945 (1983)

STATE TEACHERS RETIREMENT BOARD, et al., Plaintiffs, v. FLUOR CORPORATION and Manufacturers Hanover Trust Co., Defendants.

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

June 30, 1983.


Attorney(s) appearing for the Case

Schwartz, Shapiro, Kelm & Warren, Columbus, Ohio, for plaintiff by Russell A. Kelm, Columbus, Ohio, of counsel.

Cahill, Gordon & Reindel, Fluor Corp., New York City, for defendants by Raymond L. Falls, Jr., Charles A. Gilman, John A. Shutkin, New York City, of counsel.

Kelley, Drye & Warren, New York City, for defendant Manufacturers Hanover Trust Co. by Richard J. Concannon, Robert E. Crotty and Geraldine M. Boylan, New York City, of counsel.


OPINION

SWEET, District Judge.

Defendants Fluor Corporation ("Fluor") and Manufacturers Hanover Trust Company ("Manufacturers") have moved for partial summary judgment limiting the class recovery in this securities fraud case and for summary judgment to dismiss the fourth amended complaint which includes a claim based on the transmission by Fluor to Manufacturers of certain alleged inside information (the "laundry list") alleged to be the subject of a conversation...

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