Legal Opinion

Zahn v. Transamerica Corporation

District Court, D. Delaware

Decided September 5, 1945No. 490PublishedCited by 15 opinions

1Opinion of the Court

LEAHY, District Judge.

This is an action by plaintiff as a class A stockholder of Axton-Fisher to recover damages for defendant’s fraud in causing Axton-Fisher to redeem its class A stock at $80.80 per share on July 1, 1943, instead of permitting the class A stockholders to participate in the liquidation of Axton-Fisher, which occurred in June of 1944. Plaintiff charges that if the class A stock had not been redeemed at $80.80 per share the class A stockholders would have received upon liquidation of Axton-Fisher, pursuant to its charter, 1 not less than $240 per share, and that defendant, by…

2Cases cited6 opinions

  1. Crimmins & Peirce Co. v. Kidder Peabody Acceptance Corp.Massachusetts Supreme Judicial Court · 1933
  2. Geller v. Transamerica CorporationDistrict Court, D. Delaware · 1943
  3. Mannington v. Hocking Valley Ry. Co.U.S. Circuit Court for the District of Southern Ohio · 1910
  4. Matter of SilberkrausNew York Court of Appeals · 1929
  5. Weidenfeld v. Northern Pac. Ry. Co.Court of Appeals for the Eighth Circuit · 1904

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

3Cited by15 opinions

  1. Speed v. Transamerica Corp.District Court, D. Delaware · 1951
  2. Zahn v. Transamerica CorporationCourt of Appeals for the Third Circuit · 1947
  3. Tobacco & Allied Stocks, Inc. v. Transamerica Corp.District Court, D. Delaware · 1956
  4. Speed v. Transamerica CorporationDistrict Court, D. Delaware · 1955
  5. Speed v. Transamerica Corp.Court of Appeals for the Third Circuit · 1956

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

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