11-3899 (L)
In re: Tremont Securities Law, State Law, and Insurance Litigation
UNITED STATES COURT OF APPEALS
FOR THE SECOND CIRCUIT
SUMMARY ORDER
RULINGS BY SUMMARY ORDER DO NOT HAVE PRECEDENTIAL EFFECT. CITATION TO A SUMMARY ORDER FILED
ON OR AFTER JANUARY 1, 2007, IS PERMITTED AND IS GOVERNED BY FEDERAL RULE OF APPELLATE
PROCEDURE 32.1 AND THIS COURT’S LOCAL RULE 32.1.1. WHEN CITING A SUMMARY ORDER IN A
DOCUMENT FILED WITH THIS COURT, A PARTY MUST CITE EITHER THE FEDERAL APPENDIX OR AN
ELECTRONIC DATABASE (WITH THE NOTATION “SUMMARY ORDER”). A PARTY CITING A SUMMARY ORDER MUST
SERVE A COPY OF IT ON ANY PARTY NOT REPRESENTED BY COUNSEL.
1 At a stated term of the United States Court of Appeals
2 for the Second Circuit, held at the Thurgood Marshall United
3 States Courthouse, 40 Foley Square, in the City of New York,
4 on the 3rd day of April, two thousand fourteen.
5
6 PRESENT: DENNIS JACOBS,
7 SUSAN L. CARNEY,
8 CHRISTOPHER F. DRONEY,
9 Circuit Judges.
10
11 - - - - - - - - - - - - - - - - - - - -X
12
13 IN RE: TREMONT SECURITIES LAW, STATE
14 LAW AND INSURANCE LITIGATION
15
16 Madelyn Haines and Paul Zamrowski,
17 Appellants,
18
19 -v.- 11-3899
20 11-3923
21 11-4022
22 11-4030*
*
11-4030 is currently the only open case number. The
other case numbers have been determined by orders filed Mar.
13, 2013 (11-3899); Apr. 24, 2012 (11-3923); and Oct. 24,
2012 (11-4022).
1
1 Arthur E. Lange Revocable Trust,
2 Arthur C. Lange, Neal J. Polan, HFM
3 Charitable Remainder Trust, Eastham
4 Capital Appreciation Fund LP, NPV
5 Positive Corp., Daniel Jackson,
6 Laborers Local Pension Plan 17, Arthur
7 M. Brainson, Yvette Finkelstein, and
8 Group Defined Pension Plan & Trust,
9 Chateau Fiduciaire S.A., Matthew L.
10 Klein Irrevocable Family Trust,
11 Harriet Rutter Klein Revocable Trust,
12 Geoffrey Rabie Credit Shelter Trust,
13 and Joanne Brenda Rabie Credit Shelter
14 Trust,
15 Plaintiff-Appellees,
16
17 and
18
19 Massachusetts Mutual Life Insurance
20 Company, MassMutual Holding LLC,
21 Oppenheimer Acquisition Corp.,
22 Tremont Capital Management Inc.,
23 Tremont Group Holdings, Inc., Rye
24 Investment Management, Tremont
25 Partners, Inc., Tremont (Bermuda)
26 Limited, Harry Hodges, Robert
27 Schulman, Jim Mitchell, Rupert Allan,
28 Lynn O. Keeshan, Patrick Kelly,
29 Stephen Thomas Clayton, Stuart
30 Pologe, Cynthia J. Nicoll, Tremont
31 Market Neutral Fund L.P., Tremont
32 Market Neutral Fund II, L.P., Tremont
33 Market Neutral Fund Limited, Tremont
34 Opportunity Fund Limited, Tremont
35 Opportunity Fund II L.P., Tremont
36 Opportunity Fund III L.P., Tremont
37 Arbitrage Fund, L.P., Tremont
38 Arbitrage Fund-Ireland, Tremont
39 Strategic Insurance Fund, L.P., Rye
40 Select Broad Market Fund, L.P., Rye
41 Select Broad Market XL Fund, L.P.,
42 Rye Select Broad Market Prime Fund,
43 L.P., Rye Select Broad Market
2
1 Insurance Fund, L.P., and Rye Select
2 Broad Market Portfolio Limited,
3 Defendant-Appellees.
4
5 - - - - - - - - - - - - - - - - - - - -X
6
7 FOR APPELLANTS: VINCENT T. GRESHAM, Atlanta, Ga.
8
9 FOR PLAINTIFF-APPELLEES: ANDREW J. ENTWISTLE (Arthur V.
10 Nealon and Robert N. Cappucci,
11 Entwistle & Cappucci LLP, New
12 York, N.Y., and Reed R. Kathrein
13 and Lee M. Gordon, Hagens Berman
14 Sobol Shapiro LLP, Berkeley,
15 Cal., on the brief), Entwistle &
16 Cappucci LLP, New York, N.Y.,
17 for appellees Arthur E. Lange
18 Revocable Trust, Arthur E.
19 Lange, Neal J. Polan, HFM
20 Charitable Remainder Trust,
21 Eastham Capital Appreciation
22 Fund LP, NPV Positive Corp., and
23 for the benefit of Nominal
24 Defendants, Daniel Jackson, and
25 Laborers Local Pension Plan 17.
26
27 JEFFREY M. HABER (Stephanie M.
28 Beige, on the brief), Bernstein
29 Liebhard LLP, New York, N.Y.,
30 for appellees Arthur M.
31 Brainson, Yvette Finkelstein,
32 and Group Defined Pension Plan &
33 Trust.
34
35 DEMET BASAR (Daniel W. Krasner, on
36 the brief), Wolf Haldenstein
37 Adler Freeman & Herz LLP, New
38 York, N.Y., for appellees
39 Chateau Fiduciaire S.A., Matthew
40 L. Klein Irrevocable Family
41 Trust, and Harriet Rutter Klein
42 Revocable Trust.
43
44 DAVID A. ROSENFELD, Robbins Geller
45 Rudman & Dowd LLP, Melville,
46 N.Y., for appellees Geoffrey
47 Rabie Credit Shelter Trust and
3
1 Joanne Brenda Rabie Credit
2 Shelter Trust.
3
4 FOR DEFENDANT-APPELLEES: JOSEPH L. KOCIUBES (Carol E. Head,
5 on the brief), Bingham McCutchen
6 LLP, Boston, Mass., for
7 appellees Massachusetts Mutual
8 Life Insurance Company and
9 MassMutual Holding LLC.
10
11 DAVID A. KOTLER, Dechert LLP,
12 Princeton, N.J., for appellee
13 Oppenheimer Acquisition Corp.
14
15 SETH SCHWARTZ (Jason C. Vigna, on
16 the brief), Skadden, Arps,
17 Slate, Meagher & Flom LLP, New
18 York, N.Y., for appellees
19 Tremont Capital Management Inc.,
20 Tremont Group Holdings, Inc.,
21 Rye Investment Management,
22 Tremont Partners, Inc., Tremont
23 (Bermuda) Limited, Harry Hodges,
24 Robert Schulman, Jim Mitchell,
25 Rupert Allan, Lynn O. Keeshan,
26 Patrick Kelly, Stephen Thomas
27 Clayton, Stuart Pologe, and
28 Cynthia J. Nicoll.
29
30 JAMIE B.W. STECHER (Ralph A.
31 Siciliano, David J. Kanfer, Zev
32 Feinstein Raben, on the brief),
33 Tannenbaum Helpern Syracuse &
34 Hirschtritt LLP, New York, N.Y.,
35 for appellees Tremont Market
36 Neutral Fund L.P., Tremont
37 Market Neutral Fund II, L.P.,
38 Tremont Market Neutral Fund
39 Limited, Tremont Opportunity
40 Fund Limited, Tremont
41 Opportunity Fund II L.P.,
42 Tremont Opportunity Fund III
43 L.P., Tremont Arbitrage Fund,
44 L.P., Tremont Arbitrage Fund-
45 Ireland, Tremont Strategic
46 Insurance Fund, L.P., Rye Select
47 Broad Market Fund, L.P., Rye
4
1 Select Broad Market XL Fund,
2 L.P., Rye Select Broad Market
3 Prime Fund, L.P., Rye Select
4 Broad Market Insurance Fund,
5 L.P., and Rye Select Broad
6 Market Portfolio Limited.
7
8 Appeal from a judgment of the United States District
9 Court for the Southern District of New York (Griesa, J.).
10
11 UPON DUE CONSIDERATION, IT IS HEREBY ORDERED, ADJUDGED
12 AND DECREED that the appeal is DISMISSED.
13
14 Madelyn Haines and Paul Zamrowski appeal from a
15 judgment of the United States District Court for the
16 Southern District of New York (Griesa, J.), approving a
17 class action settlement over their objections. We assume
18 the parties’ familiarity with the underlying facts, the
19 procedural history, and the issues presented for review.
20
21 By summary order of October 25, 2013, we remanded this
22 matter pursuant to the procedure outlined in United States
23 v. Jacobson, 15 F.3d 19, 22 (2d Cir. 1994). See In re
24 Tremont Secs. Law, State Law & Ins. Litig., 542 F. App’x 43
25 (2d Cir. 2013). The purpose of the remand was to clarify
26 whether the Settlement Agreement released the appellants’
27 claims arising from the Trustee Settlement.
28
29 The district court responded in an order (dated
30 December 13, 2013) stating that the claims arising out of
31 the Trustee Settlement were not released in the Settlement
32 Agreement. In re Tremont Secs. Law, State Law & Ins.
33 Litig., 08 Civ. 11117, ECF No. 914 (S.D.N.Y. Dec. 13, 2013).
34 Pursuant to our previous summary order, therefore, we
35 conclude that the appellants’ appeal is moot.
36
37 For the foregoing reasons, and finding no merit in the
38 appellants’ other arguments, we hereby DISMISS the appeal as
39 moot.
40
41
42 FOR THE COURT:
43 CATHERINE O’HAGAN WOLFE, CLERK
44
45
46
5