KLEIN v. AMFAC, INC.

Nos. C-88-2242-WWS, C-88-2246-WWS, C-88-2241-WWS, C-88-2244-WWS and C-88-2245-WWS.

688 F.Supp. 1415 (1988)

Albert M. KLEIN, on behalf, himself and all other persons similarly situated, Plaintiff, v. AMFAC, INC., Richard L. Griffith, Donald C. Onasch, Robert H. Ozaki and Richard A. Naille, II, Defendants. Trust Under the WILL OF Samuel Adason JAFFEE, by the Trustee Alan R. KAHN, Plaintiff, v. AMFAC, INC., Richard L. Griffith, Donald C. Onasch, Robert H. Ozaki and Richard A. Naille, II, Defendants. Herbert BEHRENS, Plaintiff, v. AMFAC, INC., Richard L. Griffith, Donald C. Onasch, Robert H. Ozaki and Richard A. Naille, II, Defendants. Karen WOODROW, Plaintiff, v. Richard L. GRIFFITH, Donald C. Onasch, Robert H. Ozaki, Richard A. Naille, II and Amfac, Inc., Defendants. Harry LEWIS, on behalf of himself and all persons similarly situated and on behalf of the general public, Plaintiff, v. Richard L. GRIFFITH, Donald C. Onasch, Robert H. Ozaki, Richard A. Naille, II and Amfac, Inc., Defendants.

United States District Court, N.D. California.

July 26, 1988.


Attorney(s) appearing for the Case

Paul F. Bennett, Solomon B. Cera, Law Offices of David B. Gold, San Francisco, Cal., for Herbert Behrens.

David C. Gold, San Francisco, Cal., Neil L. Selinger, Lowey, Dannenberg & Knapp, New York City, for Albert M. Klein.

Paul S. Rosenstein, Oakland, Cal., for Karen Woodrow and Harry Lewis.

David B. Gold, Paul F. Bennett, Solomon B. Cera, San Francisco, Cal., Wolf, Haldenstein, Adler, Freeman & Herz, Daniel Kransner, David Brauer, New York City, for Samuel Adason Jaffe, Trust Under Will of Alan R. Khan, Trustee.

McCutchen, Doyle, Brown & Enersen, Loyd W. McCormick, Samuel D. Hinkle, IV, Gilmur R. Murray, San Francisco, Cal., for defendant Amfac, Inc.

Donald E. Schlotz, Elizabeth M. McQuillan, Armour, St. John, Wilcox, Goodin & Schlotz, San Francisco, Cal., C. Michael Hare, David Schulmeister, Anne L. Sylvester, Cades, Schutte, Fleming & Wright, Honolulu, Hawaii, for defendants Griffith, Onasch, Ozaki and Naille.


MEMORANDUM OF OPINION AND ORDER

SCHWARZER, District Judge.

These actions were commenced in state court on and about May 20, 1988. They allege breaches of fiduciary duties by defendants in connection with a proposed leveraged buy-out. Defendant Amfac, Inc., filed its petition for removal to this Court on June 6, 1988.1 Plaintiffs have previously moved to remand and Amfac has filed its opposition. While that motion is not currently...

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