OFI ASSET MANAG. v. COOPER TIRE & RUBBER

No. 15-2664.

834 F.3d 481 (2016)

OFI ASSET MANAGEMENT; Timber Hill LLC, individually and on behalf of all others similarly situated, Appellants v. COOPER TIRE & RUBBER; Roy Armes; Bradley Hughes.

United States Court of Appeals, Third Circuit.

Opinion Filed: August 22, 2016.


Attorney(s) appearing for the Case

Jonathan H. Beemer , Vincent R. Cappucci , Andrew J. Entwistle , Entwistle & Cappucci, 299 Park Avenue, 20th Floor, New York, NY 10171, James A. Harrod [ARGUED], Lauren A. Ormsbee , Bernstein Litowitz Berger & Grossmann, 1251 Avenue of the Americas, 44th Floor, New York, NY 10020, Counsel for Appellants.

Marjorie P. Duffy , Jones Day, 325 John H. McConnell Boulevard, Suite 600, P.O. Box 165017, Columbus, OH 43215, Stephen C. Norman , John A. Sensing , Potter, Anderson & Corroon, 1313 N. Market Street, 6th Floor, Wilmington, DE 19801, Adrienne F. Mueller , Geoffrey J. Ritts [ARGUED], Jones Day, 901 Lakeside Avenue, North Point, Cleveland, OH 44114, Counsel for Appellees.

Before: AMBRO, JORDAN, and SCIRICA, Circuit Judges.


OPINION OF THE COURT

This suit is what remains from a failed merger between Cooper Tire & Rubber Company ("Cooper") and Apollo Tyres Ltd. ("Apollo"). OFI Asset Management and Timber Hill LLC — purporting to act for themselves and other similarly situated investors (collectively, "OFI")

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