Legal Opinion
Foltz v. U.S. News & World Report, Inc.
District Court, District of Columbia
Decided June 22, 1987No. Civ. A. 84-0447, 85-2195PublishedCited by 27 opinions
1Opinion of the Court
MEMORANDUM OPINION
BARRINGTON D. PARKER, Senior District Judge:
This memorandum opinion sets forth the Court’s final ruling on the claims of former employee shareholders of U.S. News and World Report, Inc. (“U.S. News” or “Company”) to proceeds from the sale of the corporation. The Company was purchased in 1984 by Mortimer Zuckerman, a Boston real estate developer, for a price of $176 million. Plaintiffs contend that during the period prior to the sale, when they were entitled to and did receive their share of the value of the Company’s stock, the true worth of the stock was wrongfully…
2Cases cited56 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Alessi v. Raybestos-Manhattan, Inc.Supreme Court of the United States · 1981
- United States v. CartwrightSupreme Court of the United States · 1973
- Freuler v. HelveringSupreme Court of the United States · 1934
- Hobson v. WilsonCourt of Appeals for the D.C. Circuit · 1984
51 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Myrna O'Dell Firestone v. Leonard K. FirestoneCourt of Appeals for the D.C. Circuit · 1996
- Anthony R. Caputo David A. Cook Paul B. Pebbles Duncan B. Robertson v. Pfizer, Inc.Court of Appeals for the Second Circuit · 2001
- J. Geils Band Employee Benefit Plan v. Smith Barney Shearson, Inc.Court of Appeals for the First Circuit · 1996
- Russell C. Larson v. Northrop CorporationCourt of Appeals for the D.C. Circuit · 1994
- Martin v. Consultants & Administrators, Inc.Court of Appeals for the Seventh Circuit · 1992
22 more not listed; retrieve them via the Exa API.