Long v. Lampton

922 S.W.2d 692 (1996)

324 Ark. 511

Charles L. LONG, et al., Appellants,

v.

Leslie B. LAMPTON and Ergon, Inc., Appellees.

No. 95-774.

Supreme Court of Arkansas.

May 28, 1996.

Dennis L. Shackleford, Jerry W. Watkins, El Dorado, for appellants.

Gordon S. Rather, Jr., Sammye L. Taylor, David Powell, Little Rock, for appellees.

ROAF, Justice.

This appeal arises from a minority shareholders' action for breach of fiduciary duty. Appellants Charles Long and other members of the Long family, minority shareholders of Lion Oil Company ("Lion"), filed an action against appellees Ergon, Inc. ("Ergon"), the largest…