Fed. Sec. L. Rep. P 98,860 Athalie Doris Joy v. Nelson L. North, Nelson L. North
Court of Appeals for the Second Circuit
1Opinion of the Court
RALPH K. WINTER, Circuit Judge:
This is an appeal from a grant of summary judgment for defendants by the District Court for the District of Connecticut, Eginton, Judge, dismissing a derivative action against certain directors and officers of Citytrust upon a recommendation of a special litigation committee and placing that report under seal. 519 F.Supp. 1312 (D.Conn. 1981).
We reverse.
BACKGROUND
In October of 1977, Dr. Athalie Doris Joy brought this shareholder’s derivative suit on behalf of Connecticut Financial Services Corporation (now Citytrust Bancorp, Inc.) against its wholly-owned banking…
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