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GEN. EMPLOYEES' RET. SYS. v. LOCKHEED MARTIN CORP.

No. 11 Civ. 5026(JSR).

952 F.Supp.2d 633 (2013)

CITY OF PONTIAC GENERAL EMPLOYEES' RETIREMENT SYSTEM, Plaintiff, v. LOCKHEED MARTIN CORPORATION, Robert Stevens, Bruce Tanner and Linda Gooden, Defendants.

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

July 9, 2013.

Attorney(s) appearing for the Case

Evan Jay Kaufman , Samuel Howard Rudman , Mark Samuel Reich , Michael Gerard Capeci , Robbins Geller Rudman & Dowd LLP, Melville, NY, Darryl J. Alvarado , Jonah H. Goldstein , Patrick Joseph Coughlin , Theodore J. Pintar , Robbins Geller Rudman & Dowd LLP, San Diego, CA, Randi Dawn Bandman , Robbins Geller Rudman & Dowd LLP, Los Angeles, CA, Robert R. Henssler, Jr. , Robbins Geller Rudman & Dowd LLP, San Francisco, CA, for Plaintiff.

John Michael Hillebrecht , DLA Piper U.S. LLP, New York, NY, James E. Anklam , James D. Wareham , DLA Piper LLP, Washington, DC, for Defendants.

MEMORANDUM

JED S. RAKOFF, District Judge.

Although it has roots in English equity jurisprudence, the modern form of federal class actions took shape largely after the 1966 amendment to Rule 23 of the Federal Rules of Civil Procedure and is still evolving in unfamiliar, unpredictable ways. In particular, the recent attempts by Congress and the Supreme Court to curtail what they perceive as vexatious, even extortionate

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