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DILORENZO EX REL. SMITHFIELD FOODS, INC. v. MURPHY

No. 03 CIV. 8624(JSR).

322 F.Supp.2d 479 (2004)

Stephen J. DiLORENZO, derivatively, on behalf of SMITHFIELD FOODS, INC., Plaintiff, v. Wendell H. MURPHY, et al., Defendants.

United States District Court, S.D. New York.

June 22, 2004.

Attorney(s) appearing for the Case

Glenn F. Ostrager, Ostrager, Chong, Flaherty & Broitman, P.C., New York City, for Plaintiff.

Dennis H. Tracey, III, James Inkyo Rim, Hogan & Hartson, LLP, Marshall Beil, McGuire Woods LLP, New York City, Bryan A. Fratkin, J. William Boland, Richard Cullen, McGuire Woods LLP, Richmond, VA, for Defendants.

MEMORANDUM ORDER

RAKOFF, District Judge.

Pursuant to Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b), plaintiff Stephen J. DiLorenzo brings this derivative action on behalf of Smithfield Foods, Inc. ("Smithfield") seeking disgorgement of "short-swing" profits from the defendants Wendell H. Murphy, Harry D. Murphy, Joyce Murphy Minchew, Wendell H. Murphy, Jr., Wendy Murphy Crumpler, Stratton K. Murphy, Marc D. Murphy,...

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