TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND v. IBP, INC.

No. CIV. 00-4211.

123 F.Supp.2d 514 (2000)

TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND, On Behalf of Itself and All Others Similarly Situated, Plaintiff, v. IBP, INCORPORATED; Richard L. Bond; John S. Chalsty; Wendy L. Gramm; John J. Jacobson, Jr.; Eugene D. Leman; Martin A. Massengale; Robert L. Peterson; Michael L. Sanem; Joann R. Smith; Donaldson, Lufkin & Jenrette, Inc.; Archer Daniels Midland Co., and Booth Creek Partners Limited III, LLLP, Defendants.

United States District Court, D. South Dakota, Southern Division.

December 7, 2000.


Attorney(s) appearing for the Case

Timothy J. Dougherty, Dougherty & Dougherty, Sioux Falls, SD, William S. Lerach, Darren Robbins, Randall H. Steinmeyer, Randall J. Baron, Milberg, Weiss, Bershad, Hynes & Lerach, LLP, San Diego, CA, Robert J. Dyer, III, Dyer & Shuman, Denver, CO, Marc R. Stanley, Stanley, Mandel & Iola, Dallas, TX, Paul J. Geller, Cauley & Geller, Boca Raton, FL, for Plaintiff.

William G. Taylor, Woods, Fuller, Shultz & Smith, Sioux Falls, SD, Eric M. Roth, Wachtell, Lipton, Rosen & Katz, New York City, for Defendant IBP, Inc. Wendy L. Gramm John J. Jacobson, Jr. Martin A. Massengale Michael L. Sanem JoAnn R. Smith.

Michael L. Luce, Melissa C. Hinton, Davenport, Evans, Hurwitz & Smith, Sioux Falls, SD, James H.R. Windels, John J. Clarke, Jr., Davis Polk & Wardwell, New York City, for Defendant Richard L. Bond John S. Chalsty Eugene D. Leman Robert L. Peterson Donaldson, Lufkin & Jenrette, Inc.

William F. Day, Jr., Jon C. Sogn, Lynn, Jackson, Shultz & Lebrun, PC, Sioux Falls, SD, for Defendant Archer Daniels Midland Co. Booth Creek Partners Ltd. III, LLLP.


MEMORANDUM OPINION AND ORDER

PIERSOL, Chief Judge.

In this proposed class action, Plaintiff, a Teamsters pension fund which owns stock in defendant Iowa Beef Packers, Inc. ("IBP"), seeks to enjoin IBP and the other defendants from going forward with a proposed merger of IBP and an affiliate of defendant Donaldson, Lufkin & Jenrette ("DLJ"). Plaintiff has filed a Motion for a Temporary Retraining Order ("TRO") and a Motion for Expedited Discovery. Defendants...

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