Junker v. Crory

ALVIN B. RUBIN, Circuit Judge:

A Louisiana resident who was a minority shareholder in a corporation voted against its proposed merger into another corporation. The merger was approved on the strength of the voting power of the majority shareholders. Once the merger was consummated, the minority shareholder sought relief in federal district court on a variety of federal securities law claims and on pendent claims for violation of state-imposed duties. We affirm the trial court’s judgment in favor of the plaintiff shareholder against the corporate officers and directors based on the pendent…