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HIGLEY v. KIDDER, PEABODY & CO., INC.

No. 95CA1004.

920 P.2d 884 (1996)

BRUCE W. HIGLEY, D.D.S., M.S., P.A. DEFINED BENEFIT ANNUITY PLAN; E.D. Warde & Sons, on behalf of themselves & others similarly situated; and Bronze Group, Ltd., Plaintiffs-Appellees, v. KIDDER, PEABODY & CO., INC., David C. Pulzone, Morgan Stanley & Co., Inc., and Barry M. Davis, Defendants-Appellees, and Concerning Stephen B. Hard, Intervenor-Appellant.

Colorado Court of Appeals, Div. V.

Rehearing Denied March 28, 1996.

Certiorari Denied August 19, 1996.

Attorney(s) appearing for the Case

John F. Head, P.C., John F. Head, Denver; Hill & Robbins, P.C., Robert F. Hill, John H. Evans, Denver; Gold Bennett & Cera, Solomon B. Cera, San Francisco, California; Koncilja & Associates, P.C., Frances A. Koncilja, Denver; Dufford & Brown, P.C., S. Kirk Ingebretsen, Phillip D. Barber, Denver; and Pendleton, Friedberg, Wilson, Hennessey & Meyer, P.C., Alan C. Friedberg, Susan M. Hargleroad, Denver, for Plaintiffs-Appellees.

No Appearance for Defendants-Appellees.

Vaughan, Reeves & DeMuro, David R. DeMuro, Denver, J.C. Tim Scates, Denver, for Intervenor-Appellant.

Opinion by Judge CASEBOLT.

In this securities fraud class action, Stephen B. Hard, an unnamed class member, appeals the trial court's C.R.C.P. 23(e) approval of the settlement and the plan for the allocation of settlement proceeds. We affirm in part and reverse in part.

This class action was commenced by the named plaintiffs on behalf of themselves and a class composed of more than 900 individuals, pension plans, and other entities, against James D. Donahue...

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