Legal Opinion
Nizin v. Bright
District Court, D. Massachusetts
Decided September 21, 1979No. Civ. A. No. 72-731-McPublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
McNAUGHT, District Judge.
Before the court are the motions to dismiss and/or for summary judgment of the plaintiffs and defendants. On July 28, 1971, the plaintiff filed a shareholder’s derivative action on behalf of Pioneer Fund, Inc., a mutual fund. The complaint essentially asserts that the directors of the Fund, as well as the Fund’s investment adviser, PMC, breached their fiduciary duties to the Fund by selling the adviser’s fiduciary office for private gain. The parties agree that the central issue is whether this circuit will follow the Second Circuit’s decision in…
2Cases cited9 opinions
- Brown v. BullockCourt of Appeals for the Second Circuit · 1961
- Fed. Sec. L. Rep. P 93,093 Judah Rosenfeld, Etc. v. E. R. BlackCourt of Appeals for the Second Circuit · 1971
- Rose Moses v. C. Rodgers BurginCourt of Appeals for the First Circuit · 1971
- Krieger v. AndersonSupreme Court of Delaware · 1962
- Moses v. BurginDistrict Court, D. Massachusetts · 1970
4 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Meyer v. Oppenheimer Management Corp.Court of Appeals for the Second Circuit · 1985
- Nizin v. BrightCourt of Appeals for the First Circuit · 1980
- Richard Meyer v. Oppenheimer Management CorporationCourt of Appeals for the Second Circuit · 1985
- William S. Berman, M.D. v. Physical Medicine Associates, LimitedCourt of Appeals for the Fourth Circuit · 2000