Add to ORKGPlaintiff brought a stockholder\u27s derivative suit against the directors of X corporation, alleging that they wilfully failed to demand short term profits made in the sale of the corporation\u27s securities by an officer of the corporation. These profits were recoverable by the corporation pursuant to section 16B of the Securities Exchange Act of 1934. Plaintiff further alleged that as a result of the directors\u27 failure to sue, the statute of limitations barred recovery of these profits, giving rise to a common law action against the directors for waste. Defendants moved to dismiss. Held, motion granted. Directors were not liable for failure to bring suit on behalf of the corporation within the two year statutory period. Truncale v. Un...
In a derivative suit the plaintiff, a minority stockholder, sought an accounting by officers and dir...
Plaintiff, a citizen of New York and the owner of some preferred stock in the defendant Delaware cor...
The recent case of Goodwin v. Agassiz presents the problem of the duty owed by a director to existin...
Plaintiff brought a stockholder\u27s derivative suit against the directors of X corporation, allegin...
Plaintiff, for himself and all other stockholders of R corporation similarly situated, brought actio...
The defendants were directors, officers, and sole stockholders of a corporation engaged in the busin...
Plaintiffs brought a shareholders\u27 class action under section 16 (b) of the Securities and Exchan...
Plaintiffs, minority stockholders of defendant corporation, brought an equitable action against cert...
Plaintiff, stockholder in defendant bank, brought a derivative suit against the bank\u27s directors ...
The creditors of a bankrupt corporation sued its directors under a New Jersey statute that made the ...
Pursuant to section 16 (b) of the Securities Exchange Act of 1934 an action was commenced by a share...
A derivative suit alleging directors\u27 fraud was brought by a minority shareholder, but there was ...
Plaintiff stockholder brought a personal action against the president and majority stockholder for f...
Plaintiff corporation brought a bill in equity for an accounting of profits arising from an alleged ...
In the recent case of United States Lines, Inc. v. United States Lines Co. the plaintiff was a minor...
In a derivative suit the plaintiff, a minority stockholder, sought an accounting by officers and dir...
Plaintiff, a citizen of New York and the owner of some preferred stock in the defendant Delaware cor...
The recent case of Goodwin v. Agassiz presents the problem of the duty owed by a director to existin...
Plaintiff brought a stockholder\u27s derivative suit against the directors of X corporation, allegin...
Plaintiff, for himself and all other stockholders of R corporation similarly situated, brought actio...
The defendants were directors, officers, and sole stockholders of a corporation engaged in the busin...
Plaintiffs brought a shareholders\u27 class action under section 16 (b) of the Securities and Exchan...
Plaintiffs, minority stockholders of defendant corporation, brought an equitable action against cert...
Plaintiff, stockholder in defendant bank, brought a derivative suit against the bank\u27s directors ...
The creditors of a bankrupt corporation sued its directors under a New Jersey statute that made the ...
Pursuant to section 16 (b) of the Securities Exchange Act of 1934 an action was commenced by a share...
A derivative suit alleging directors\u27 fraud was brought by a minority shareholder, but there was ...
Plaintiff stockholder brought a personal action against the president and majority stockholder for f...
Plaintiff corporation brought a bill in equity for an accounting of profits arising from an alleged ...
In the recent case of United States Lines, Inc. v. United States Lines Co. the plaintiff was a minor...
In a derivative suit the plaintiff, a minority stockholder, sought an accounting by officers and dir...
Plaintiff, a citizen of New York and the owner of some preferred stock in the defendant Delaware cor...
The recent case of Goodwin v. Agassiz presents the problem of the duty owed by a director to existin...