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CHATELAIN v. PRUDENTIAL-BACHE SECURITIES, INC.

No. 90 Civ. 5164 (MJL).

805 F.Supp. 209 (1992)

Nelson CHATELAIN, Lee Castagnos, Jr., James Goodwin, John Sagers, Robert Buckalew, individually and on Behalf of all others similarly situated, Plaintiffs, v. PRUDENTIAL-BACHE SECURITIES, INC.; Prudential-Bache Properties, Inc.; Sybedon Corporation; Mitchell Davis; Edwin Glickman; Bertram Lewis; Wilrock Appraisal & Consulting, Inc.; and Laventhol & Howarth, et al., Defendants.

United States District Court, S.D. New York.

November 5, 1992.

Attorney(s) appearing for the Case

Aguirre & Meyer, San Diego, Cal. by Patricia A. Meyer, Law Offices of I. Stephen Rabin, New York City, by Joseph P. Garland, Law Offices of James C. Krause, San Diego, Cal., for plaintiffs.

Colton, Hartnick, Yamin & Sheresky, New York City by Susan E. Keyes, for defendants Sybedon, Glickman, M. Davis, and B. Lewis.

Skadden, Arps, Slate, Meagher & Flom, New York City by Richard Breslow, for defendants Prudential-Bache Properties, Inc., and Prudential-Bache Securities, Inc.

Rivkin, Radler & Kremer, Uniondale, N.Y. by Janice J. DiGennaro, for defendant Wilrock Appraisal & Consulting, Inc.

Orrick, Herrington & Sutcliffe, New York City by Barry Augenbraun, for defendant Laventhol & Howarth.

OPINION AND ORDER

LOWE, District Judge.

Before the Court is the motion of Plaintiffs1, by their attorneys, brought pursuant to Fed.R.Civ.P. 23(e), for Court approval of the settlement of this action by the terms set forth in the Stipulation of Settlement (the "Stipulation") signed by the parties to the action on June 26, 1992. On August 17, 1992, this Court's Preliminary Order was filed setting the date for the hearing at which...

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