Damian Walker individually and on behalf of all others similarly situated vs. International Coal Group Inc., Bennett K. Hatfield, Wilbur L. Ross Jr., Maurice E. Carino Jr., Cynthia B. Bezik, William J. Catacosinos, Stanley Gaines, Samuel A. Mitchell, Wendy L. Teramoto and Arch Coal Inc.
PA-Joshua I. Barrett, Shawn P. McGinley; J-Stowers
* The plaintiffs in a potential class-action lawsuit allege ICG's board of directors has breached its fiduciary duties to its shareholders in merging with Arch. The plaintiffs take issue with the proposed sale of ICG to Arch for "inadequate consideration" of $14.60 per share.
Case number: 11-C-123