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Legal Opinion

Miller v. Fisco, Inc.

District Court, E.D. Pennsylvania

Decided May 6, 1974No. Civ. A. No. 74-96PublishedCited by 7 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

VanARTSDALEN, District Judge.

Plaintiff has sued corporate and individual defendants on a primary and derivative basis in this federal securities violations case.1 Defendants have filed a motion to dismiss the derivative suit, claiming that a conflict of interest prevents plaintiff from pursuing both causes of action. Defendants contend that it is irreconcilable for plaintiff to attempt to recover damages from the corporation by suing it directly while at the same time attempt to recover damages for the corporation by suing derivatively on its behalf. I do not agree.

2Cases cited10 opinions

  1. Smith v. SperlingSupreme Court of the United States · 1957
  2. Brass & Copper Workers Federal Labor Union No. 19,322 v. American Brass Co.Supreme Court of the United States · 1960
  3. Peterson v. United StatesDistrict Court, D. Minnesota · 1966
  4. Hawk Industries, Inc. v. Bausch & Lome, Inc.District Court, S.D. New York · 1973
  5. Richardson v. Hamilton International Corp.District Court, E.D. Pennsylvania · 1974

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

3Cited by7 opinions

  1. Bertozzi v. King Louie International, Inc.District Court, D. Rhode Island · 1976
  2. In re Dayco Corp. Derivative Securities LitigationDistrict Court, S.D. Ohio · 1984
  3. Schnorbach v. FuquaDistrict Court, S.D. Georgia · 1975
  4. Resnik v. WoertzDistrict Court, D. Delaware · 2011
  5. Keyser v. Commonwealth National Financial Corp.District Court, M.D. Pennsylvania · 1988

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

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