Rubin v. Murray

The corporate defendant, Olympic Adhesives, Inc. (Olympic), and individual defendants John E. Murray, Jr., Stephen P. Hopkins, and Paul C. Ryan, controlling shareholders of Olympic,2 appeal from a Superior Court judgment in favor of the plaintiff, Merek Rubin, a minority shareholder and Olympic’s former corporate counsel — who had acquired stock in Olympic as partial payment for legal services rendered to the individual defendants — on his claim that the individual defendants paid themselves excessive compensation and deprived Rubin of his share in Olympic’s profits. Following a jury-waived…