Court of Appeals for the Fifth Circuit April 15, 1993, 92-1954 (Steven Jack Loran v. Furr's/bishop's Inc. And Michael J. Levenson, L.C. Strawn)

REAVLEY, Circuit Judge:

Steven J. Loran, as class representative, proposed to settle a securities-fraud class-action suit against Furr’s/Bishop’s, Inc. and Michael J. Levinson. Class member L.C. Strawn felt that the settlement’s release provision was too broad and that the district court should insert limiting language in the settlement contract.