Goldie v. Yaker

OPINION

WOOD, Judge, Court of Appeals.

Plaintiffs are stockholders of Intermoun-tain (Intermountain Development Corporation). They make two claims against the individual defendants. In a stockholders’ derivative action they assert that the individual defendants defrauded the corporation. In a damage claim they assert that these defendants defrauded the plaintiffs individually.

The judgment in favor of plaintiffs provided the individual defendants with an alternative. They could abide by that portion of the judgment in favor of Intermountain in the derivative action or they could pay damages to…