Pflug v. Dietz

This is an action in equity. In the first cause of action plaintiffs, on behalf of the stockholders of the corporate defendant, sue for an accounting of the official acts of certain individual defendants as officers and directors of the corporation, and pray for other appropriate relief. In the second cause of action, purporting to act in the same representative capacity, plaintiffs seek to set aside, because of alleged fraud and duress practiced upon them by certain individual defendants, an agreement for the sale to the latter by plaintiffs of stock of the corporate defendant. Plaintiffs…