Meyer v. Ford Industries, Inc.

This is an action for statutory damages under ORS 57.246(3) because of defendants’ refusal of plaintiffs’ request, as stockholders, to inspect certain documents claimed by them to be corporate “books and records of account” for the purposes of that statute. Plaintiffs seek damages equal to 10 per cent of the value of their stock multiplied by eight, representing what they claim to have been eight “independent, separate inspection requests.”

The trial court sustained defendants’ motion to strike the allegations of plaintiffs’ complaint listing the eight “records” for which plaintiffs’ requested…