Kemp v. Angel

MARVEL, Chancellor.

Plaintiffs, who are admittedly stockholders of the defendant Aid, Inc., sue derivatively for the alleged benefit of such corporation as well as on the alleged behalf of a class of stockholders consisting of persons other than themselves who are holders of Class A common stock of Aid, Inc., excluding, of course, the defendants Ina Corporation and Ina Capital Corporation against which relief is sought.

According to the complaint herein, the individual defendants are directors of Aid, Inc., certain of them being also officers of such corporation, the defendant Burdge also being…