GANNON v. CONTINENTAL INS. CO.

Civ. No. 95-2405.

920 F.Supp. 566 (1996)

Michael R. GANNON, Plaintiff, v. With regard to Count One through Count Five: CONTINENTAL INSURANCE COMPANY, Continental Corporation, Kenneth B. Ziegler, Individually and as an Agent of Continental Insurance, John P. Mascotte, Individually and as an Agent of Continental Insurance, Steven J. Smith, Individually and as an Agent of Continental Insurance, Adrian M. Tocklin, Individually and as an Agent of Continental Insurance, Marie E. Curatolo, Plan Administrator ERISA Plan and Ann M. Pauker, John and Jane Doe Corporations (1-100), John and Jane Does (1-100); With regard to Count Six Through Count Eighteen: Continental Insurance Company, Continental Corporation, CNA Financial Corporation, Chicago Acquisition Corp., John and Jane Doe Corporations (1-100), John and Jane Does (1-100), (Board of Directors) Ivan A. Burns, Alec Flamm, Irvine O. Hockaday, Jr., John E. Jacob, John P. Mascotte, John F. McGillicuddy, Richard de J. Osborne, Charles A. Parker, John W. Rowe, L. Edwin Smart, Patricia Carry-Stewart, Francis T. Vincent, Jr., Michael Weintraub, Anne Wexler, (Executive Officers) John P. Mascotte, Wayne H. Fisher, Fredric G. Marziano, Charles A. Parker, Steven J. Smith, Adrian M. Tocklin, Bruce M. Brodie, J. Heath Fitzsimmons, James P. Flood, William F. Gleason, Jr., John F. Kirby, Arthur J. O'Connor, Sheldon Rosenberg, Kenneth B. Ziegler, Francis M. Colalucci, William A. Robbie, and KPMG Peat Marwick, Defendants.

United States District Court, District of New Jersey.

April 1, 1996.


Attorney(s) appearing for the Case

Law Offices of Linda B. Kenney, Red Bank, N.J. (Linda B. Kenney, of counsel; Gregory S. Schaer, on the brief), for plaintiff.

Cindy Nan Vogelman, Chasan, Leyner, Tarrant & Lamparello, P.C., Secaucus, N.J., and Richard L. Bond, Stewart D. Aaron, Thomas M. Skelton, Dorsey & Whitney P.L.L.P, New York City, for defendants The Continental Corporation; The Continental Insurance Company; CNA Financial Corporation; Bruce M. Brodie; Ivan A. Burns; Patricia Carry-Stewart; Francis M. Colalucci; Maria E. Curatolo, as Plan Administrator, ERISA; Wayne H. Fisher; J. Heath Fitzsimmons; Alec Flamm; James P. Flood; William F. Gleason, Jr.; Irvine O. Hockaday, Jr.; John E. Jacob; John F. Kirby; Frederic G. Marziano; John P. Mascotte; John F. McGillicuddy; Arthur J. O'Conner; Richard de J. Osborne; Charles A. Parker; Ann M. Pauker; William A. Robbie; Sheldon Rosenberg; John W. Rowe; L. Edwin Smart; Steven J. Smith; Adrian M. Tocklin; Francis T. Vincent, Jr.; Michael Weintraub; Anne Wexler; and Kenneth B. Zeigler.

John E. Caruso, C. Alexa Abowitz, Montgomery, McCracken, Walker & Rhoads, Cherry Hill, N.J., for Defendant KPMG Peat Marwick LLP.


OPINION

DEBEVOISE, Senior District Judge.

I. Introduction

Plaintiff in this action, Michael Gannon (sometimes referred to as "Gannon"), is a former employee of Continental Insurance Company ("Continental Insurance") and a former stockholder of Continental Corporation ("Continental Corp."), Continental Insurance's parent company. Gannon's complaint alleges two sets of wrongs arising out of two separate sets of facts. In the first five counts...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases