Legal Opinion
Ernest T. Stevens, George T. Stevens v. Robert E. Lowder, Thomas Lowder
Court of Appeals for the Fifth Circuit
Decided April 27, 1981No. 80-7976PublishedCited by 74 opinions
1Per curiam
Plaintiffs appeal from the district court’s dismissal of this action due to their lack of standing. This class action was brought by stockholders of a bank in an Alabama state court against defendants for compensatory and punitive damages on charges of fraud, breach of confidential relationship, and conspiracy to destroy Southern National Bank in connection with the purchase of the bank’s assets by defendants. The action was removed to the federal district court where it was then dismissed.
Plaintiffs are shareholders of Southern National Bank (SNB), seeking recovery for the loss in value of…
2Cases cited9 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., AppellantsCourt of Appeals for the Third Circuit · 1970
- Gregory v. MitchellCourt of Appeals for the Fifth Circuit · 1981
- Victor Schaffer v. Universal Rundle Corporation, Universal Rundle Corporation v. Victor SchafferCourt of Appeals for the Fifth Circuit · 1968
- Hoehn v. CrewsCourt of Appeals for the Tenth Circuit · 1944
4 more not listed; retrieve them via the Exa API.
3Cited by74 opinions
- Frank Palazzo v. Gulf Oil Corporation, a Pennsylvania CorporationCourt of Appeals for the Eleventh Circuit · 1985
- Harold Warren v. Manufacturers National Bank of Detroit, a National Banking AssociationCourt of Appeals for the Sixth Circuit · 1985
- Whelan v. AbellCourt of Appeals for the D.C. Circuit · 1992
- Bellows v. Amoco Oil Co, TXCourt of Appeals for the Fifth Circuit · 1997
- Joel R. Gaff v. Federal Deposit Insurance CorporationCourt of Appeals for the Sixth Circuit · 1987
69 more not listed; retrieve them via the Exa API.