United States District Court, S.D. New York.https://leagle.com/images/logo.png
July 16, 1996.
July 16, 1996.
Attorney(s) appearing for the Case
Morris and Morris by Irving Morris, Karen L. Morris, Wilmington, Delaware, Lead Attorneys for Plaintiff Marie L. Sander.
Stull, Stull & Brody by Jules Brody, Timothy J. Dennin, P.C. by Timothy J. Dennin, New York City, for Plaintiff Marie L. Sander.
Law Office of Klari Neuwelt by Klari Neuwelt, New York City, for Plaintiff John F. Grubin.
Duker & Barrett, L.L.P. by William F. Duker, David A. Berger, New York City, Boies & McInnis by Mary Boies, Bedford, New York, for Plaintiff S. Lyle Roberts.
Miller Faucher Chertow Cafferty & Wexler by J. Dennis Faucher, Chicago, IL, Goodkind Labaton Rudoff & Sucharow by Linda P. Nussbaum, Christopher Lovell, P.C. by Christopher Lovell, P.C., New York City, for Plaintiffs Daniel L. Smith and Barbara L. Dannenberg.
Zwerling, Schachter, Zwerling & Koppell, LLP by Robert S. Schachter, New York City, for Plaintiff Veronica Donaldson.
Debevoise & Plimpton by John H. Hall, Gary W. Kubek, Steven S. Michaels, New York City, for Defendant Metropolitan Life Insurance Company.
Davis Polk & Wardwell by Henry L. King, William E. Wurtz, Joel M. Cohen, New York City, for Director Defendants.
United States District Court, S.D. New York.
OPINION
CHIN, District Judge.
In this consolidated derivative litigation against defendants Metropolitan Life Insurance Company ("MetLife") and certain of its former and current officers, directors and employees, the parties seek approval of a proposed settlement and compromise. In addition, counsel for plaintiffs seek an award of $2.9 million in attorneys' fees and costs.
I find that the proposed settlement is fair, reasonable, and adequate...
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