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FERBER v. TRAVELERS CORP.

Civ. No. H-90-842 (AHN).

785 F.Supp. 1101 (1991)

Stanley FERBER, et al. v. The TRAVELERS CORPORATION, Edward H. Budd, Richard J. Shima, Thomas O. Thorsen.

United States District Court, D. Connecticut.

Ruling on Motion For Reconsideration and Request for Leave to Amend January 9, 1992.

Attorney(s) appearing for the Case

J. Daniel Sagarin, Hurwitz & Sagarin, P.C., Milford, Conn., Robert Sugarman, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, for plaintiffs.

Thomas Groark, Jr., Day, Berry & Howard, Hartford, Conn., Herbert Wachtell, Wachtell, Lipton, Rose & Katz, New York City, for defendants.

Ruling on Plaintiffs' Motion For Reconsideration and Request for Leave to Amend January 9, 1992.

RULING ON MOTION TO DISMISS

NEVAS, District Judge.

This is a five-count class action1 in which twenty-two shareholders2 ("the plaintiffs") sue the Travelers Corporation ("Travelers"), Edward H. Budd ("Budd"),3 Thomas O...

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