Barbara Zarowitz, Individually and on Behalf of Those Similarly Situated, and Anthony Tammaro, Inc. Profit Sharing Trust v. Bankamerica Corporation v. William T. Powers, Intervenor-Appellant

866 F.2d 1164 12 Fed.R.Serv.3d 1362 Barbara ZAROWITZ, Individually and on behalf of those similarly situated, Plaintiff, and Anthony Tammaro, Inc. Profit Sharing Trust, Plaintiff-Appellee, v. BANKAMERICA CORPORATION, et al., Defendants-Appellees, v. William T. POWERS, Intervenor-Appellant. No. 88-6049. United States Court of Appeals, Ninth Circuit. Argued and Submitted Nov. 16, 1988. Decided Jan. 31, 1989. Julian A. Pollok, Pollok & Overby, Los Angeles, Cal., for intervenor-appellant. Sherrie R. Savett, Berger & Montague, Philadelphia, Pa., for plaintiff-appellee. Jerome H. Craig and Dennis M. Perluss, Hufstedler, Miller, Kaus & Beardsley, Los Angeles, Cal., Melvin Goldman, Morrison & Foerster, San Francisco, Cal., for defendants-appellees. Appeal from the United States District Court for the Central District of California. Before GOODWIN, Chief Judge, SNEED and HUG, Circuit Judges. PER CURIAM: 1 William T. Powers appeals a judgment approving the settlement of shareholder derivative actions against the officers and directors of BankAmerica Corporation (BAC). Powers, a BAC shareholder and an employee, asserts that the district court abused its discretion. We affirm.…