IN RE BOESKY SECURITIES LITIGATION

Nos. 89 Civ. 0510 (MP), 89 Civ. 3782 (MP), 89 Civ. 3783 (MP), 89 Civ. 3786 (MP), 89 Civ. 5567 (MP), and 89 Civ. 7722 (MP).

888 F.Supp. 551 (1995)

In re Ivan F. BOESKY SECURITIES LITIGATION Richard C. GOODWIN, et al., Plaintiffs, v. Ivan F. BOESKY, et al., Defendants.

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

June 6, 1995.


Attorney(s) appearing for the Case

Wolf Popper Ross Wolf & Jones, L.L.P., New York City (Stanley Nemser, of counsel), Berger & Montague, P.C., Philadelphia, PA. (David Berger, of counsel).

Sachnoff & Weaver, Ltd., Chicago, IL (Lowell E. Sachnoff, of counsel), for Sachnoff Group*.

Gold, Bennett & Cera, San Francisco, CA (Paul F. Bennett, of counsel).


OPINION

MILTON POLLACK, Senior District Judge:

On the eve of trial of the so-called Pacific Lumber Class and Shareholder Trading actions, six in number, brought by former shareholders of Pacific and consolidated in the above-captioned multi-district litigation, a Settlement was reached on May 17, 1994, providing for a settlement fund of up to $52 million less reserves for taxes and administration. Those...

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