Legal Opinion

Gerstle v. Gamble-Skogmo, Inc.

District Court, E.D. New York

Decided March 7, 1969No. 64-C-1253PublishedCited by 48 opinions

1Opinion of the Court

BARTELS, District Judge.

This is a class suit by minority stockholders of former General Outdoor Advertising Co., Inc. (General) against Gamble-Skogmo, Inc. (Skogmo), seeking an accounting and restitution arising out of the merger of General into Skogmo. The claim is predicated upon various grounds including breach of fiduciary obligations by Skogmo as a majority stockholder of General, illegality of the merger and misrepresentations contained in the proxy material.

Plaintiffs and intervening plaintiffs are citizens and residents of the State of New York and were at the time of the merger on…

2Cases cited60 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Pepper v. LittonSupreme Court of the United States · 1939
  3. Hansberry v. LeeSupreme Court of the United States · 1940
  4. J. I. Case Co. v. BorakSupreme Court of the United States · 1964
  5. Meinhard v. SalmonNew York Court of Appeals · 1928

55 more not listed; retrieve them via the Exa API.

3Cited by48 opinions

  1. Gustave Gerstle, (Cross-Appellants) v. Gamble-Skogmo, Inc., (Cross-Appellee)Court of Appeals for the Second Circuit · 1973
  2. Kohn v. American Metal Climax, Inc.Court of Appeals for the Third Circuit · 1972
  3. In Re Caesars Palace Securities LitigationDistrict Court, S.D. New York · 1973
  4. Plaine v. McCabeCourt of Appeals for the Ninth Circuit · 1986
  5. St. Joseph Hospital v. Corbetta Construction Co.Appellate Court of Illinois · 1974

43 more not listed; retrieve them via the Exa API.

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