Howard R. MONTGOMERY, for himself and for all others similarly situated, for themselves and for Aetna Plywood, Inc. Profit Sharing Plan as successor to Aetna Plywood, Inc., Employee Stock Ownership Plan, Plaintiffs-Appellants,
v.
AETNA PLYWOOD, INCORPORATED, et al., Defendants-Appellees.
Clinton A. Krislov and Krislov & Associates, Ltd., Plaintiffs-Appellants,
v.
Aetna Plywood, Incorporated, et al., Defendants-Appellees.
United States Court of Appeals, Seventh Circuit.https://leagle.com/images/logo.png
Argued September 11, 2000.
Decided October 26, 2000.
Attorney(s) appearing for the Case
Robert J. Stein, III, Krislov & Associates, Chicago, IL, for Plaintiff-Appellant in 99-2364.
Dean A. Dickie, Kathleen H. Klaus (argued), D'Ancona & Pflaum, Chicago, IL, for Aetna Plywood, Inc. in 99-2364.
Kathleen H. Klaus, D'Ancona & Pflaum, Chicago, IL, for Jeffrey Davis & John Francione in 99-2364.
C. Barry Montgomery, Williams, Montgomery & John, Chicago, IL, for Peter John & Peter Thomsen in 99-2364 & 99-2707.
Clinton A. Krislov (argued), Krislov & Associates, Chicago, IL, for Plaintiff-Appellant in 99-2707.
Dean A. Dickie, D'Ancona & Pflaum, Chicago, IL, for Aetna Plywood, Inc. in 99-2707.
George B. Collins, Collins & Bargione, Chicago, IL, for Jeffrey Davis in 99-2707.
Edward D. Rickert, Smith, Rickert & Smith, River Grove, IL, for John Francione in 99-2707.
Kimberly A. Krugman, Much, Shelist, Freed, Denenberg, Ament & Rubenstein, Chicago, IL, for Plaintiffs-Appellants in 00-1033.
Kathleen H. Klaus, D'Ancona & Pflaum, Chicago, IL, for Aetna Plywood, Inc. & Scott Halden in 00-1033.
David A. Eide, Neal, Gerber & Eisenberg, Chicago, IL, for Larry Rassin, John Minnaert & Keith Weller in 00-1033.
Before BAUER, EVANS, and WILLIAMS, Circuit Judges.
United States Court of Appeals, Seventh Circuit.
WILLIAMS, Circuit Judge.
This appeal arises out of a class action suit brought by Howard Montgomery on behalf of participants in Aetna Plywood's Employee Stock Ownership Plan ("ESOP") against Aetna Plywood and its directors, based on an allegation that Aetna Plywood had not adequately compensated the ESOP participants when the directors caused the ESOP to sell its shares back to the company. Eventually, the parties reached a pair of settlements. This appeal, however...
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