Keith M. KEARNEY, as custodian for John Hunter Kearney and Baker Kearney, individually and derivatively on behalf of Perrigo Company, Plaintiff,
v.
Michael J. JANDERNOA, Lonnie L. Smith, Richard G. Hansen, M. James Gunberg, Steven N. Hutchinson, Robert P. Lasner, Mark Olesnavage, F. Folsom Bell, Henry L. Hillman, Juliet Challenger, Inc., C.G. Grefenstette, William C. Swaney, Ralph E. Klingenmeyer, J.P. Morgan Securities, Inc., Morgan Stanley & Co., Inc., Morgan Stanley International, Smith Barney Shearson Inc., Dean Witter Reynolds, Inc., and Dean Witter International Ltd., Defendants.
United States District Court, W.D. Michigan, Southern Division.https://leagle.com/images/logo.png
September 29, 1997.
September 29, 1997.
Attorney(s) appearing for the Case
John E. Anding, Drew, Cooper & Anding, Grand Rapids, MI, Steven E. Cauley, Steven E. Cauley, PA, Little Rock, AR, Milton Clay Ragsdale, M. Clay Ragsdale Law Offices, Birmingham, AL, for Plaintiffs.
Ellen S. Carmody, Law, Weathers & Richardson, Grand Rapids, MI, Peter J. Meyer, Gardner, Carton & Douglas, Chicago, IL, for Defendants Michael J. Jandernoa, Lonnie L. Smith, Richard G. Hansen, M. James Gunberg, Steven N. Hutchinson, Robert P. Lasner, Mark Olesnavage, F. Folsom Bell, William C. Swaney, Ralph E. Klingenmeyer, Perrigo Co.
Gregory G. Timmer, Bruce W. Neckers, Rhoades, McKee, Boer, Goodrich, et al., Grand Rapids, MI, Michael B. Reuben, Gordon, Altman, Butowsky, Weitzen, et al., New York, NY, for Defendants Henry L. Hillman, C.G. Grefenstette.
William K. Holmes, Warner, Norcross & Judd, LLP, Grand Rapids, MI, Dennis E. Glazer, Davis, Polk & Wardwell, New York, NY, for Defendants J.P. Morgan Securities, Ltd., Morgan Stanley & Co., Inc., Morgan Stanley Intern., Smith Barney Shearson, Inc., Dean Witter Reynolds, Inc., Dean Witter Intern., Ltd.
Bruce W. Neckers, Rhoades, McKee, Boer, Goodrich, et al., Grand Rapids, MI, for Juliet Challenger, Inc.
United States District Court, W.D. Michigan, Southern Division.
OPINION
QUIST, District Judge.
This case is a shareholder's derivative action against officers, directors, and shareholders of Perrigo Company ("Perrigo"), and against certain underwriters involved in the October 1993 secondary offering of 13,000,000 shares of Perrigo stock. Plaintiff, Keith M. Kearney, brings this shareholder's derivative suit on behalf of Perrigo alleging in his amended verified derivative...
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