Mary Ann MAYWALT, Mary White, John Vosefski and Vivienne Galligan, J. Richard Aboud DDS, Inc. Defined Benefit Pension Plan, on behalf of themselves and all others similarly situated, Plaintiffs,
v.
PARKER & PARSLEY PETROLEUM COMPANY, Smith Barney, Harris, Upham & Co., Barrie M. Damson, William T. Ouzts, Robert F. Carr, III, J. William Pierce, Robert S. Rose, Jerol M. Sonosky, Garth M. Ramsay, Scott D. Sheffield, Herbert C. Williamson, Timothy M. Dunn, James D. Moring, Robert J. Castor, A. Frank Kubica, Defendants.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
October 3, 1994.
October 3, 1994.
Attorney(s) appearing for the Case
Kaplan & Kilsheimer (Robert N. Kaplan, Richard J. Kilsheimer, of counsel), New York City, Sullivan, Hill, Lewin & Markham (David R. Markham, Michael A. LaBazzo, of counsel), San Diego, CA, Bradford & Decker (Donald R. Bradford, John R. Decker, of counsel), Tulsa, OK, Wolf Popper Ross Wolf & Jones (Stephen D. Oestreich, Roy L. Jacobs, of counsel), New York City, for plaintiffs.
William C. House, New York City, Young & Bearden (Warren F. Young, of counsel), Tulsa, OK, for Objecting Class Representatives.
Stroock & Stroock & Lavan (Melvin Brosterman, of counsel), New York City, Johnson & Gibbs, P.C. (Lewis T. Leclair, Lori A. Leu, of counsel), Dallas, TX, for defendants Parker & Parsley Petroleum Co., Scott D. Sheffield, Herbert C. Williamson, III, Timothy M. Dunn, James D. Moring, Robert J. Castor, and A. Frank Kubica.
Lynn, Stodghill & Melsheimer, L.L.P. (Michael P. Lynn, of counsel), Dallas, TX, Meister, Leventhal & Slade (Jeffrey C. Slade, of counsel), New York City, for defendants Barrie M. Damson and William T. Ouzts.
O'Melveny & Myers (Eugene Hanson, Andrew Frackman, of counsel), New York City, for defendants Robert F. Carr, III, J. William Pierce, Robert S. Rose, Jerol M. Sonosky and Garth M. Ramsay.
United States District Court, S.D. New York.
OPINION
SWEET, District Judge.
This class action (the "Maywalt Action") arises out of a transaction (the "Transaction") by which oil and gas limited partnerships were consolidated into a new entity pursuant to an exchange agreement. Former limited partners of these partnerships (the "Plaintiffs" or "Class Members") bring this action against the general partner, the new company created through the exchange agreement, various individual officers...
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