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GOODRICH v. E.F. HUTTON GROUP, INC.

No. 360, 1995.

681 A.2d 1039 (1996)

Edward O. GOODRICH, on behalf of himself and all others similarly situated, Plaintiff Below, Appellant, v. E.F. HUTTON GROUP, INC., and E.F. Hutton Group & Company, Inc., Defendants Below, Appellees.

Supreme Court of Delaware.

Decided: August 26, 1996.

Attorney(s) appearing for the Case

Pamela S. Tikellis of Chimicles, Jacobsen & Tikellis, Wilmington, and C. Oliver Burt, III (argued), of Burt & Pucillo, West Palm Beach, FL, for appellant.

Allen M. Terrell of Richards, Layton & Finger, Wilmington, for appellees.

Lawrence A. Hamermesh (argued), of Widener University School of Law, Wilmington, as amicus curiae.

Before WALSH, HOLLAND, BERGER, JJ., DUFFY and HORSEY, retired Justices (constituting the Court en Banc).

HOLLAND, Justice:

The plaintiff-appellant, Edward O. Goodrich ("Goodrich"), was certified as the class representative in an action against the defendants-appellees, E.F. Hutton Group, Inc. and E.F. Hutton Group & Company, Inc. (collectively "E.F. Hutton"). The Court of Chancery approved a proposed settlement of this class action as "fair, reasonable, and adequate for the settlement of all claims asserted herein." It...

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