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GORDON v. VERIZON, INC.

NO. 709, 710, 653084/13

148 A.D.3d 146 (2017)

46 N.Y.S.3d 557

2017 NY Slip Op 00742

NATALIE GORDON, on Behalf of Herself and Others Similarly Situated, Appellant, v. VERIZON COMMUNICATIONS, INC., Respondent, and LOWELL C. McADAM et al., Defendants. JONATHAN M. CRIST et al., Nonparty Respondents.

Appellate Division of the Supreme Court of New York, First Department.

Decided February 2, 2017.

Attorney(s) appearing for the Case

Faruqi & Faruqi, LLP, New York City ( Juan E. Monteverde and Nadeem Faruqi of counsel), for appellant.

Paul K. Rowe , New York City, for Verizon Communications, Inc., respondent.

Szenberg & Okum PLLC, New York City ( Avi Szenberg of counsel) and Moshe Balsam , Far Rockaway, for Jonathan M. Crist, respondent.

Gerald Walpin, respondent pro se.

ANDRIAS, J.P., and SAXE, JJ., concur with KAHN, J.; MOSKOWITZ, J., concurs in a separate opinion.

OPINION OF THE COURT

Much has been written on the subjects of whether settlements of shareholder class action suits challenging corporate mergers and acquisitions should be rejected in the absence of monetary damage awards, and the propriety of the attorney fee awards attendant to such agreements.1

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