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MTR OF MEDICAL ACTION INDUS.

64930-2014

48 Misc.3d 544 (2015)

6 N.Y.S.3d 431

2015 NY Slip Op 25075

In the Matter of MEDICAL ACTION INDUSTRIES INC. SHAREHOLDERS LITIGATION.

Supreme Court, Suffolk County.

Decided February 25, 2015.

Attorney(s) appearing for the Case

Robbins Geller Rudman & Dowd LLP, Melville ( Samuel H. Rudman , Joseph Russello , Mark S. Reich , William J. Geddish , and Andrew L. Schwartz , of counsel), and Gardy & Notis, LLP, New York City ( James Notis , and Jennifer Sarnelli , of counsel), for Isaac Koll and another, plaintiffs.

Simpson Thacher & Bartlett LLP, New York City ( Paul Gluckow , Matthew O'Connor , and Alexander Li , of counsel), for Owens & Minor, Inc., defendant.

Vinson & Elkins LLP, New York City ( Clifford Thau , Steven Paradise , and Temilola O. Sobowale , of counsel), for Medical Action Industries Inc. and others, defendants.

OPINION OF THE COURT

Following a stipulation entered into between the two individual plaintiffs and the defendants in this litigation, originally commenced as a putative class action based upon a now completed merger, and predicated upon a sale of defendant Medical Action Industries Inc. to defendant Owens & Minor,...

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