PULLMAN-PEABODY CO. v. JOY MFG. CO.

Civ. A. No. 86-4802.

662 F.Supp. 32 (1986)

The PULLMAN-PEABODY CO., et al., Plaintiffs, v. JOY MANUFACTURING CO., et al., Defendants.

United States District Court, D. New Jersey.

December 9, 1986.


Attorney(s) appearing for the Case

John J. Degnan, David W. Rivkin, and Paul Viecarrondo, Jr., Shanley & Fisher, Morristown, N.J., for plaintiffs.

John J. McGoldrick, Milton R. Ackman, and Alan J. Russo, McCarter & English, Newark, N.J., for defendants.


CLARKSON S. FISHER, Chief Judge.

Plaintiffs Pullman-Peabody Company, et al, (Pullman) seek injunctive relief under Federal securities law and state law complaining of Defendant Joy Manufacturing Company's (Joy) amended retirement plan, sometimes referred to as pension parachute, along with allegedly misleading statements or omissions in Joy's form 8K filing of March 1986 and a press release in November 1986. Joy has moved before this Court for dismissal of this action...

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