Gerrits v. Brannen Banks of Florida, Inc.
District Court, D. Colorado
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
KANE, Senior District Judge.
This securities fraud and breach of fiduciary duty action is pending in the U.S. District Court for the .Middle District of Florida. The plaintiffs, six minority shareholders of defendant Brannen Banks of Florida, Inc., allege that members of the Brannen family (the directors of the company and holders of 80 percent of its stock) breached their fiduciary duties to minority shareholders by trying to “freeze them out” for their own benefit, and that the corporation committed securities fraud in the process. William P. Johnson is the Denver…
2Cases cited11 opinions
- Hickman v. TaylorSupreme Court of the United States · 1947
- Garner v. WolfinbargerCourt of Appeals for the Fifth Circuit · 1970
- Fed. Sec. L. Rep. P 94,019 Mary Margaret Ward, Cross-Appellants v. Succession of Richard W. Freeman, Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1988
- Eureka Financial Corp. v. Hartford Accident & Indemnity Co.District Court, E.D. California · 1991
- Blanche v. Diners Club International, Inc.District Court, S.D. New York · 1990
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3Cited by3 opinions
- Pacamor Bearings, Inc. v. Minebea Co., Ltd.District Court, D. New Hampshire · 1996
- Sandberg v. Virginia Bankshares, Inc.Court of Appeals for the Fourth Circuit · 1992
- Nos. 91-1873, 91-1874Court of Appeals for the Fourth Circuit · 1993