Legal Opinion

Rome v. Archer

Court of Chancery of Delaware

Decided January 14, 1964PublishedCited by 10 opinions

1Opinion of the Court

Terry, Chief Justice.

On July 12, 1960, plaintiff, a shareholder of Wellington Fund, Inc., an open end mutual investment company registered under the Investment Company Act of 1940, 15 U.S.C.A. § 80a-1 et seq., commenced this derivative action against the individual directors of The Fund, its investment advisor, Wellington Management Company, and the principal underwriter of The Fund, Wellington Company, Inc., and the Wellington Equity Fund, a so-called “Stock Fund” investing primarily in common stocks, and its investment advisor, Wellington Company Ltd. of Delaware.

Wellington Management, The…

2Cases cited23 opinions

  1. Mammoth Oil Co. v. United StatesSupreme Court of the United States · 1927
  2. Brown v. BullockDistrict Court, S.D. New York · 1961
  3. Saxe v. BradyCourt of Chancery of Delaware · 1962
  4. Cohen v. YoungCourt of Appeals for the Sixth Circuit · 1942
  5. Taussig v. Wellington Fund, Inc.District Court, D. Delaware · 1960

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

3Cited by10 opinions

  1. Rome v. ArcherSupreme Court of Delaware · 1964
  2. NL Industries, Inc. v. Maxxam, Inc.Court of Chancery of Delaware · 1995
  3. Prince v. BensingerCourt of Chancery of Delaware · 1968
  4. Read v. BakerDistrict Court, D. Delaware · 1977
  5. Rosenfeld v. BlackDistrict Court, S.D. New York · 1970

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

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