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ETTER v. HIBERNIA CORP.

No. 2006-CA-0646.

952 So.2d 782 (2007)

Gerald ETTER v. HIBERNIA CORPORATION, J. Herbert Boydstun, E.R. "Bo" Champbell, Paul Candies, Richard W. Freeman, Jr., Dick H. Hearin, Randall E. Howard, Elton R. King, Sidney W. Lassen, Janee "Gee" Mercadel-tucker, et al.

Court of Appeal of Louisiana, Fourth Circuit.

February 14, 2007.

Attorney(s) appearing for the Case

Lee D. Rudy, Schiffrin & Barroway, LLP, Radnor, PA, and Mitchell J. Hoffman, Lowe, Stein, Hoffman, Allweiss & Hauver, L.L.P., New Orleans, LA, for Gerald Etter.

Jennifer N. Willis, Cater & Willis, APLC, New Orleans, LA, and Gary J. Gambel, New Orleans, LA, for Appellants, Gary J. Gambel, Carol C. Gambel and William C. Gambel.

William C. Gambel, Milling Benson Woodward L.L.P., New Orleans, LA, for Appellants, William J. Curry, Jr., Joy Nalty Hodges, Charles L. Gambel, Jr., etc.

William Savitt, Wachtell, Lipton, Rosen & Katz, New York, NY, and Harry A. Rosenberg, Phelps Dunbar L.L.P., New Orleans, LA, for Defendants/Appellees.

(Court composed of Judge PATRICIA RIVET MURRAY, Judge DENNIS R. BAGNERIS, Sr., and Judge LEON A. CANNIZZARO, Jr.).

DENNIS R. BAGNERIS, Sr., Judge.

The issue in this case is whether the trial court properly approved the certification and settlement of a class action brought by a class of purported holders of Hibernia Corporation ("Hibernia") common stock. Upon finding that the trial court did not abuse its discretion by approving the certification and settlement, we hereby affirm the judgment of the trial court.

FACTUAL AND PROCEDURAL BACKGROUND

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