Weinstein v. Appelbaum
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION AND ORDER DISMISSING PLAINTIFF’S COMPLAINT
McMAHON, District Judge.
Plaintiffs are former shareholders of defendant Tavolo, Inc., a privately-held company. They purchased shares of Series A and B Preferred Stock in 1998. In connection with a merger between Tavolo and defendant Our House, Inc., approved by the Tavolo Board December 8, 2000, plaintiffs’ shares were cancelled, because the shares to be received in the merger were valued at a mere $8.5 million, while holders of Series C through F Preferred Stock were entitled, under the Company’s certificate of incorporation, to…
2Cases cited21 opinions
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- Harsco Corp. v. SeguiCourt of Appeals for the Second Circuit · 1996
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