Legal Opinion
Rothenberg v. Security Management Co.
Court of Appeals for the Eleventh Circuit
Decided February 8, 1982No. 81-7118PublishedCited by 12 opinions
1Opinion of the Court
JOHNSON, Circuit Judge:
Plaintiff-appellant Shirley Rothenberg filed a derivative suit against Security Management Co., Inc. (Security), Invesco International Corp. (Invesco) and various members of Security’s board of directors alleging violations of state corporate and federal securities laws. The district court determined that the plaintiff did not “fairly and adequately” represent the interests of other similarly situated shareholders, a prerequisite for maintaining a derivative suit under Fed.R.Civ.P. 23.1, and dismissed the suit. We affirm.
Plaintiff and her husband purchased stock in…
2Cases cited13 opinions
- Landry v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1973
- Leib v. 20th Century Corp.District Court, M.D. Pennsylvania · 1974
- Davis v. Comed, Inc.Court of Appeals for the Sixth Circuit · 1980
- G. A. Enterprises, Inc. v. Leisure Living Communities, Inc.Court of Appeals for the First Circuit · 1975
- Bryant v. CarlesonCourt of Appeals for the Ninth Circuit · 1971
8 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Fink v. GolenbockSupreme Court of Connecticut · 1996
- Stepak v. AddisonCourt of Appeals for the Eleventh Circuit · 1994
- Rothenberg v. Security Management Co.Court of Appeals for the Eleventh Circuit · 1982
- Sanders v. Robinson Humphrey/American Express, Inc.District Court, N.D. Georgia · 1986
- Warehouse Home Furnishing Distributors, Inc. v. WhitsonSupreme Court of Alabama · 1997
7 more not listed; retrieve them via the Exa API.