IN RE TELEDYNE DEFENSE CONTRACTING DERIVATIVE LIT.

No. CV 92-6481 Kn.

849 F.Supp. 1369 (1993)

In re TELEDYNE DEFENSE CONTRACTING DERIVATIVE LITIGATION.

United States District Court, C.D. Calif.

Order Dismissing Federal Claims with Prejudice September 27, 1993.


Attorney(s) appearing for the Case

William S. Lerach, Milberg Weiss Bershad Specthrie & Lerach, San Diego, CA, Kevin P. Roddy, Los Angeles, CA, Richard Schiffrin, Schiffrin & Craig, Ltd., Bala Cynwyd, PA, Co-Lead Counsel, Eugene Mikolajczyk, J. Paul Gignac, Chimicles, Burt & Jacobsen, Los Angeles, CA, Richard D. Greenfield, Greenfield & Rifkin, Haverford, PA, Howard B. Sirota, Saul Roffe, Sirota & Sirota, New York City, for plaintiffs.

Thomas E. Holliday, Barbara G. Zelkind, Gibson, Dunn & Crutcher, David I. Gindler, Irell & Manella, Miles N. Ruthberg, Heller, Ehrman, White & McAuliffe, Los Angeles, CA, Brian C. Cuff, Carlsmith Ball Wichman Murray Case Mukai & Ichiki, Long Beach, CA, William J. Meeske, Latham & Watkins, Los Angeles, CA, for defendants.


MEMORANDUM OPINION ON DEFENDANTS' MOTIONS TO DISMISS

KENYON, District Judge.

I. INTRODUCTION

This is a shareholders derivative action brought pursuant to Fed.R.Civ.P. 23.1 by shareholders of Nominal Defendant Teledyne, Inc. (the "Corporation"). This action is brought in the name of and for the benefit of the Corporation against its Board of Directors, as well as certain of its present...

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