Legal Opinion
Geller v. Transamerica Corporation
District Court, D. Delaware
Decided December 31, 1943No. Civil Action 322PublishedCited by 42 opinions
1Opinion of the Court
LEAHY, District Judge.
Plaintiff says he was induced to sell his Class A stock as a result of acts of misrepresentation and concealment by defendant, 1 at a time when defendant, inasmuch as it was the majority stockholder of Ax-ton-Fisher, stood in a position of a fiduciary to plaintiff as a minority stockholder. I shall treat seriatim the acts of misrepresentation and concealment before discussing the apposite law as to whether a fiduciary relation exists here.
1. Misrepresentation and Concealment
I. The offer of defendant contained in its letter of November 12, 1942. This is the sole…
2Cases cited15 opinions
- Whitaker v. ColemanCourt of Appeals for the Fifth Circuit · 1940
- Black & Yates, Inc. v. Mahogany Ass'nCourt of Appeals for the Third Circuit · 1942
- Lofland v. CahallSupreme Court of Delaware · 1922
- Cahall v. LoflandCourt of Chancery of Delaware · 1921
- Stentor Electric Mfg. Co. v. Klaxon Co.Court of Appeals for the Third Circuit · 1942
10 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Zubik v. ZubikCourt of Appeals for the Third Circuit · 1967
- Barbara B. Sack v. V. T. Low, Doing Business as a Partnership Under the Name of Bear, Stearns & Co., and Richard W. SilvermanCourt of Appeals for the Second Circuit · 1973
- Speed v. Transamerica Corp.District Court, D. Delaware · 1951
- Zahn v. Transamerica CorporationCourt of Appeals for the Third Circuit · 1947
- Tobacco & Allied Stocks, Inc. v. Transamerica Corp.District Court, D. Delaware · 1956
37 more not listed; retrieve them via the Exa API.