Miller v. Lembo

Crumlish, J.,

This matter is before us on preliminary objections.

By complaint in equity, plaintiffs, minority stockholders, seek an accounting from a resident of Philadelphia, as alleged president of a Brazilian corporation, organized and operated under the laws of Brazil. Plaintiffs aver they bring this suit as a derivative stockholders’ action on behalf of the corporate defendant.

*146Plaintiffs have followed the proper procedural form for a stockholders’ derivative action, as set forth in Pa. R. C. P. 1506. They aver they are stockholders of defendant corporation, that because the individual…