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JAFFE PENSION PLAN v. HOUSEHOLD INTERN., INC.

No. 02 C 5893.

756 F.Supp.2d 928 (2010)

Lawrence E. JAFFE PENSION PLAN, on Behalf of Itself and All Others Similarly Situated, Plaintiff, v. HOUSEHOLD INTERNATIONAL, INC., Merrill Lynch, Pierce, Fenner, & Smith, Inc., Goldman Sachs & Co., Inc., Arthur Andersen, L.L.P., William F. Aldinger, David A. Schoenholz, Gary Gilmer, J.A. Vozar, Robert J. Darnall, Gary G. Dillon, John A. Edwardson, Mary Johnston Evans, J. Dudley Fishburn, Cyrus F. Freidheim, Louis E. Levy, George A. Lorch, John D. Nichols, James B. Pitblado, S. Jay Stewart, and Louis W. Sullivan, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

November 22, 2010.

Attorney(s) appearing for the Case

Gary L. Specks , Kaplan Fox & Kilsheimer LLP, Highland Park, IL, Frederic S. Fox , Kaplan Fox and Kilsheimer, New York, NY, Joy Ann Bull , Robbins Geller Rudman & Dowd LLP, San Diego, CA, for Plaintiff.

Nathan P. Eimer , Christine M. Johnson , John Kenneth Theis , Eimer Stahl Klevorn & Solberg, LLP, Stanley J. Parzen , Debra L. Bogo-Emst , Lucia Nale , Sheila Marie Finnegan , Susan Charles , Mayer Brown LLP, Eric S. Palles , Gary Jay Ravitz , Ravitz & Palles, P.C., Mark Douglas Brookstein , Gould & Ratner, Marshall J. Hartman , Chicago, IL, Craig S. Kesch , David R. Owen , Howard G. Sloane , Janet A. Beer , Jason M. Hall , Jason A. Otto , Joshua M. Greenblatt , Joshua M. Newville , Kim Smith , Landis C. Best , Laura C. Fraher , Lauren Perlgut , Michael Wernke , Patricia Farren , Paul Millen , Scott Watnik , Susan Buckley , Thomas J. Kavaler , Yafit Cohn , Cahill Gordon & Reindel, LLP, New York, NY, for Defendants.

MEMORANDUM OPINION AND ORDER

RONALD A. GUZMAN, District Judge.

Before the Court are the parties' submissions regarding post-verdict Phase II of this case. This Order addresses the parties' concerns and creates the protocol for Phase II, as well as the appropriate method of calculating damages with respect to each class member's claims.

Background

On May 7, 2009, the jury...

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