JAROSLAWICZ v. ENGELHARD CORP.

Civ. No. 84-3641 (CSF).

704 F.Supp. 1296 (1989)

Moses JAROSLAWICZ, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. ENGELHARD CORPORATION, et al., Defendants.

United States District Court, D. New Jersey.

January 30, 1989.


Attorney(s) appearing for the Case

Gladstone & Hart by Marvin H. Gladstone, Hackensack, N.J., Barrack, Rodos & Bacine by Leonard Barrack, Sheldon L. Albert, Samuel R. Simon, Levin, Fishbein, Sedran & Berman, by Howard J. Sedran, Arnold Levin, Philadelphia, Pa., for plaintiff.

Connell, Foley & Geiser by Richard D. Catenacci, Liza Walsh, Roseland, N.J., Cahill, Gordon & Reindel by Raymond L. Falls, Jr., Howard G. Sloane, Anthony Paduano, New York City, for defendants Engelhard Corp., Irving Isko, Milton F. Rosenthal, Nelson B. Colton, Frederick H. Cook, Cyrus H. Holley, Carl D. Keith, Reuben F. Richards, R. Keith Elliot, Orin R. Smith, S.N. Roseberry, Jr. and Carl E. Peterson.


AMENDED OPINION

CLARKSON S. FISHER, District Judge.

Defendants were or are closely involved with Engelhard Corporation ("Engelhard"),1 a concern engaged in a multitude of manufacturing activities which include the refining of gold, silver and platinum from both raw ore and metal scrap. On April 5, 1984, Engelhard publicly recognized a loss of roughly thirty-five million dollars at its metal refining facilities in Newark, New...

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