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HARRIS v. UNION ELEC. CO.

No. 70374.

766 S.W.2d 80 (1989)

Harold HARRIS, et al., Plaintiffs-Respondents, and David L. Campbell and Estate of Edward W. Fredrickson, Petitioners-Respondents, and David L. Campbell, Petitioner-Respondent, v. UNION ELECTRIC COMPANY, Defendant-Appellant, and Centerre Trust Company, formerly St. Louis Union Trust Company, Defendant-Appellant.

Supreme Court of Missouri, En Banc.

As Modified on Denial of Rehearing March 14, 1989.

Attorney(s) appearing for the Case

Lawrence G. Crahan, Francis X. Duda, Jordan B. Cherrick, Ann E. Buckley, David S. Slavkin, Theodore R. Carter, St. Louis, for defendant-appellant.

David L. Campbell, John J. Campbell, William J. Raack, St. Louis, for plaintiffs-respondents.

ROBERTSON, Judge.

This appeal is the fourth in a series of class action suits involving Union Electric Company and holders of its Series 2005 Bonds. The litigation spans the last decade and bears a complex procedural pedigree. In April, 1978, Union Electric announced that it planned to redeem approximately $50,000,000 of the $70,000,000 in Series 2005 Bonds originally issued in March, 1975. Believing the bonds were sold with solid "call protection" for ten years,...

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