Vulcanized Rubber & Plastics Co. v. Scheckter

Opinion by

Mr. Justice Cohen,

On August 20, 1959, the appellee corporation moved for and was granted a temporary order restraining the appellants, two of whom had been 'both lawyers and accountants of the appellee and a third a former director, from voting any of appellee’s stock owned, held or controlled by appellants at any future stockholder’s meeting. After holding several hearings, the chancellor, finding that certain stock was acquired by appellants in breach of their fiduciary responsibilities, decreed that the restraining order be continued as a preliminary injunction pending final…