Abbey v. Control Data Corp.
Court of Appeals for the Eighth Circuit
1Opinion of the Court
HENLEY, Circuit Judge.
Arthur N. Abbey appeals the judgment of the district court1 dismissing his stockholders’ derivative suit against Control Data Corporation (CDC). Abbey v. Control Data Corp., 460 F.Supp. 1242 (D.Minn.1978). We affirm.
Abbey brought this class action pursuant to Fed.R.Civ.P. 23.1 to compel seven senior officers and directors of CDC to repay $1,381,000 in civil and criminal penalties levied on CDC as a result of the corporation’s guilty plea to criminal charges. Those charges stemmed from illegal payments admittedly made by the corporation to certain foreign entities.2 Abbey…
2Cases cited29 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Johnson v. Railway Express Agency, Inc.Supreme Court of the United States · 1975
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
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3Cited by49 opinions
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- Fed. Sec. L. Rep. P 98,000 Ora E. Gaines v. D. J. Haughton, Lois A. And James Fitzpatrick v. D. J. HaughtonCourt of Appeals for the Ninth Circuit · 1981
- In Re Sonus Networks, Inc.Court of Appeals for the First Circuit · 2007
- John Cottrell v. Michael DukeCourt of Appeals for the Eighth Circuit · 2013
- Fed. Sec. L. Rep. P 99,484 John F. Maher v. Zapata Corporation v. William Maldonado, Objector-AppellantCourt of Appeals for the Fifth Circuit · 1983
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