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COX v GALILEO INTERNATIONAL Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 18,963, CourtCode: CC, CourtName: IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE, Plaintiff: COX, State: DE Delaware, UniqueCaseRef: DE>CC>00018963, Galileo, Shareholders, Transaction, Stock, Common Stock, Public Shareholders, Fiduciary Duties, Adequate, Proposed Transaction, Damages, Declaring, Cendant, Delaware, Alleges, Shares, Reasons, Schorderet, Kenneth Whipple, James, Barlett, Outstanding, Travel, Foregoing, Affecting, Proper , ContentID: 120246311

Case Documents
1 2001-06-18 CLASS ACTION COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 114972
5 pages
PDF
Total Documents: 1 document , 5 pages
Price: $ 19.95


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1 . CLASS ACTION COMPLAINT

EXTRACTED KEY WORDS
DEFENDANTS
PLAINTIFF
MEMBERS
SHAREHOLDERS
TRANSACTION
STOCK
COMMON STOCK
PUBLIC SHAREHOLDERS
FIDUCIARY DUTIES
ADEQUATE
PROPOSED TRANSACTION
DAMAGES
DECLARING
CENDANT
DELAWARE
ATTORNEYS
ALLEGES
SHARES
REASONS
SCHORDERET
KENNETH WHIPPLE
JAMES
BARLETT
OUTSTANDING
TRAVEL
COUNSEL
FOREGOING
AFFECTING
PROPER
               IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
                                   IN AND FOR NEW CASTLE COUNTY
---------------------~------------------------~------------------------ X
LUCIAN D. COX, on behalf of himself and
all others similarly situated, : Civil Action No.
                                       Plaintiff,
V.

GALILEO INTERNATIONAL, INC.,
MIAO FENG-CHIANG, CHERYL BALLENGER,
ANDREW STUDDERT, ANTHONY C. SWANAGAN,
GRAHAM W. ATKINSON, WIM DIK, MINA GOURAN,
GEORGES P. SCHORDERET, KENNETH WHIPPLE,
JAMES E. BARLETT,
                                       Defendants.
_________________----~------------------------~------------------------    i

                                        CLASS ACTION COMPLAINT

                   Plaintiff, by his attorney, alleges upon information and belief except with

respect to him ownership of Galileo International, Inc. ("Galileo" or the `Company")

common stock, which is alleged upon personal knowledge, as follows:

                                                       PARTIES

         1. Plaintiff is the owner of the common stock of defendant Galileo.

         2. Galileo is a Delaware corporation with executive offices at 9700 West

Higgins Road, Rosemont, IL 60018. As of April 36, 2001, there were over 87.5 million

shares of common stock outstanding.

         3. Galileo provides electronil:  distribution services for the travel industry.

The Company provides travel agencies, as well as subsidiaries with, among other

things, the ability to access schedules and fare information and issue tickets for

airlines.

         4. Defendant Miao Feng-Chiang is a Director of Galileo.



       5.     Defendant Cheryl Ballenger is the CFO and a Director of Galileo.

SNIPPETS:
  • Plaintiff, by his attorney, alleges upon information and belief except with
  • respect to him ownership of Galileo International,
  • Plaintiff is the owner of the common stock of defendant Galileo.
  • Galileo is a Delaware corporation with executive offices at 9700 West
  • shares of common stock outstanding.
  • distribution services for the travel industry.
  • Vice-President and General Counsel.
  • Defendant Georges P. Schorderet is a Director of Galileo.
  • Defendant Kenneth Whipple is a Director of Galileo.
  • Defendant James E. Barlett is the Chairman,
  • The foregoing individual directors of Galileo (collectively the "Director
  • Defendants") owe fiduciary duties to Galileo and its public shareholders.
  • brought is so nurnerous that joinder of all class members is impracticable.
  • outstanding owned by shareholders scattered throughout the United States.
  • members of the Class and which predominate over any questions affecting any
  • will be irreparably damaged by the transaction and conduct complained of herein.
  • For the reasons stated herein, a class action is superior to other available
  • On June 18, 2001, it was announced that Cendant would acquire lGalileo
  • Plaintiff has no adequate remedy at law.
  • Declaring that the proposed transaction is unfair, unjlust and inequitable to plaintiff and
  • Requiring defendants to compensate plaintiff and the members of the Class for all losses and
  • (0 Granting such other and further relief as may be just and proper.
  • Attorneys for Plaintiff
  •    |