Bronzaft v. Caporali
New York Supreme Court
1Opinion of the Court
OPINION OF THE COURT
Herman Cahn, J.
Motion sequence numbers 001, 002 and 003 of action bearing index No. 120435/93 and motion sequence numbers 001, 002 and 003 of action bearing index No. 117218/93 are consolidated for disposition.
These two shareholder derivative actions are brought against the Grumman Corporation (Grumman) and certain of its current and former directors and officers. Briefly stated, the plaintiffs allege intentional and negligent breach of fiduciary duty by defendants resulting from their failure to prevent certain illegal conduct, including bribery and padded billing in the…
2Cases cited23 opinions
- Lewis v. AndersonSupreme Court of Delaware · 1984
- Alpert v. 28 Williams Street Corp.New York Court of Appeals · 1984
- Miller v. SteinbachDistrict Court, S.D. New York · 1967
- Independent Investor Protective League v. Time, Inc.New York Court of Appeals · 1980
- Tenney v. RosenthalNew York Court of Appeals · 1959
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