Fed. Sec. L. Rep. P 98,000 Ora E. Gaines v. D. J. Haughton, Lois A. And James Fitzpatrick v. D. J. Haughton
Court of Appeals for the Ninth Circuit
1Opinion of the Court
ELY, Circuit Judge:
Ora E. Gaines, the plaintiff-appellant herein, appeals from an order of dismissal and summary judgment for defendants (Lockheed Aircraft Corporation and a number of former and present directors and officers of Lockheed) in a shareholder lawsuit alleging both derivative claims of breach of fiduciary duty/waste of corporate assets and class action claims of federal securities violations. Gaines assigns a variety of errors by the District Court and seeks partial summary judgment and/or remand.
FACTS
From as early as 1961 to as late as 1975, Lockheed engaged in the practice of…
2Cases cited56 opinions
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- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
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- Commissioner v. Estate of BoschSupreme Court of the United States · 1967
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- Jones v. Community Redevelopment Agency Of The City Of Los AngelesCourt of Appeals for the Ninth Circuit · 1984
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