Legal Opinion

Golar v. Daniels & Bell, Inc.

District Court, S.D. New York

Decided February 19, 1982No. 82 Civ. 0112 (KTD)PublishedCited by 11 opinions

1Opinion of the Court

KEVIN THOMAS DUFFY, District Judge:

This is a stockholder derivative action alleging violations of the National Banking Act, 12 U.S.C. §§ 24, 51b(a) and 71, and of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b). Plaintiff Simeon Golar is a director of the defendant Freedom National Bank of Npw York [“Freedom”] and owner of 971 shares of common stock of the bank. Freedom is a national bank and the only Black-owned and operated commercial bank in New York. It has its principal office in Harlem, New York City. On behalf of himself, other shareholders and derivatively on…

2Cases cited19 opinions

  1. Cort v. AshSupreme Court of the United States · 1975
  2. Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
  3. Chicago, Rock Island & Pacific Railway Co. v. MartinSupreme Court of the United States · 1900
  4. Corsicana Nat. Bank of Corsicana v. JohnsonSupreme Court of the United States · 1919
  5. Goldberg v. MeridorCourt of Appeals for the Second Circuit · 1977

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3Cited by11 opinions

  1. In Re Corestates Trust Fee LitigationDistrict Court, E.D. Pennsylvania · 1993
  2. Madison Consultants v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1983
  3. Thompson v. KerrDistrict Court, S.D. Ohio · 1982
  4. Sargent v. Central National Bank & Trust Co. of EnidSupreme Court of Oklahoma · 1991
  5. Central National Bank v. Fleetwood Realty Corp.Appellate Court of Illinois · 1982

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

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