SEINFELD v. BECHERER

No. 05-1321.

461 F.3d 365 (2006)

Frank David SEINFELD, Appellant v. Hans W. BECHERER; Gordon M. Bethune; Jaime Chico Pardo; Ann M. Fudge; James J. Howard; Bruce Karatz; Russell E. Palmer; Ivan G. Seidenberg; Marshall N. Carter; David M. Cote; Robert P. Luciano; John R. Stafford; Michael W. Wright; Honeywell International, Inc.

United States Court of Appeals, Third Circuit.

Filed August 24, 2006.


Attorney(s) appearing for the Case

A. Arnold Gershon, Ballon, Stoll, Bader & Nadler, New York, NY, for Appellant.

Christopher P. Malloy, Skadden, Arps, Slate, Meagher & Flom, New York, NY, for Appellees Hans W. Becherer, Gordon M. Bethune, Jaime Chico Pardo, Ann M. Fudge, James J. Howard, Bruce Karatz, Russell E. Palmer, Ivan G. Seidenberg, Marshall N. Carter, David M. Cote, Robert P. Luciano, John R. Stafford, Michael D. Wright.

Anthony M. Gruppuso, Gibbons, Del Deo, Dolan, Griffinger & Vecchione, Newark, NJ, Yosef J. Riemer, Kirkland & Ellis, New York, NY, for Appellee Honeywell International, Inc.

Before SLOVITER, McKEE and RENDELL, Circuit Judges.


Submitted Under Third Circuit LAR 34.1(a) July 11, 2006.

OPINION OF THE COURT

SLOVITER, Circuit Judge.

Appellant, Frank David Seinfeld ("Seinfeld"), who is allegedly a shareholder of Honeywell International, Inc. ("Honeywell"), brought this derivative suit contending that the corporation failed to make certain required disclosures in a proxy statement that solicited shareholder approval for a new stock option...

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