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UNITED STATES v. LING-TEMCO-VOUGHT

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF PENNSYLVANIA.


June 10, 1970.

United States
v.
Ling-Temco-Vought, Inc., Jones & Laughlin Steel Corp. and Jones & Laughlin Industries, Inc.

Stipulation

Pursuant to and in accordance with the Opinion of this Honorable Court entered herein on June 10, 1970, it is stipulated by and between the undersigned parties, by their respective attorneys, that:

1. The proposed Final Judgment filed with this Court on March 10, 1970, is hereby supplemented by the following provision:

"At any time when LTV controls J & L*within the period in which the Final Judgment is in effect, LTV is enjoined and restrained from directing, or suggesting to, any trustee under any J & L pension agreement or plan, or any other J & L employees' benefit plan or program, that such trustee invest any funds paid to or held by such trustee pursuant to any such agreement, plan or program in any particular securities or other properties, except upon the consent of the plaintiff and the approval of this Court."

 2. This Court retains full jurisdiction to enforce the foregoing injunctive provision with the same force and effect as if it had been incorporated in and a part of the proposed Final Judgment filed herein on March 10, 1970.

 3. The aforesaid supplement to the proposed Final Judgment shall come into effect upon the entry of the proposed Final Judgment by the Court and upon the Court's approval of this stipulation.

19700610

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