Eli STEINBERG and Gershon Sontag, on Behalf of Themselves and All Others Similarly Situated, Plaintiffs-Appellees,
v.
SYSTEM SOFTWARE ASSOCIATES, INC., Roger E. Covey, Terence H. Osborne, Terry E. Notari and Joseph Skadra, Defendants-Appellees (Albert Bachorowski, Michael Connor IRA Rollover, Lucian B. Cox III, Catherine Drozd, Dennis W. Corbin, Retsky Family Limited Partnership, Hung A. Pham, Nathan Schleifer, Jaspal Singh, Ravinder Singh, Donald Sorota and Kim Walter, Objectors and Petitioners and Intervenors-Appellants).
Appellate Court of Illinois, First District, Fifth Division.https://leagle.com/images/logo.png
June 18, 1999.
June 18, 1999.
Attorney(s) appearing for the Case
Dom J. Rizzi, Marvin A. Miller, Patrick E. Cafferty, Jennifer Winter Sprengel of Miller, Faucher, Cafferty & Wexler, L.L.P., Michael J. Freed, Joseph D. Ament, Edith F. Canter, Much Shelist Freed Deneberg Ament Bell & Rubenstein, P.C., Chicago, Robert M. Kornreich, Wallace A. Showman, Wolf, Popper, L.L.P., Sanford P. Dumain, Lori G. Feldman, Milberg Weiss Bershad Hynes & Lerach, L.L.P., New York, NY, Steven J. Toll, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., Seattle, WA, Mark Willis, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., Washington, D.C., Glen Devalerio, Berman, DeValerio & Pease, L.L.P., Richard Vita, Law Offices of Richard Vita, Boston, MA, Lawrence G. Soicher, Law Offices of Lawrence G. Soicher, Stanley M. Grossman, Patrick V. Dahlstrom, Pomerantz Haudek Block & Grossman, New York, NY, for Intervenors-Appellants.
Arthur T. Susman, Charles R. Watkins, Robert J. Emanuel, of Susman & Watkins; Ronald L. Futterman, of Futterman & Howard, Chtd., Chicago; Jeffrey H. Squire, L.L.P., New York, NY, for Plaintiff-Appellee Steinberg.
Lowell E. Sachnoff, Michael J. Kaufman, Gary S. Caplan of Sachnoff & Weaver, Ltd., Chicago, for Defendants-Appellees.
Appellate Court of Illinois, First District, Fifth Division.
Justice THEIS delivered the opinion of the court:
Plaintiff-appellee, Eli Steinberg1 (Steinberg), filed a class action complaint in the circuit court of Cook County, Illinois, on January 8, 1997, against defendants-appellees, System Software Associates, Inc. (SSA), and certain of its officers (Roger E. Covey, Terence H. Osborne, Terry E. Notari, and Joseph Skadra). Steinberg, on behalf of a class of purchasers of SSA common stock, sought...
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