Legal Opinion
Staar Surgical Co. v. Waggoner
Supreme Court of Delaware
Decided April 8, 1991PublishedCited by 62 opinions
1Opinion of the Court
MOORE, Justice.
In this latest dispute between the parties we determine the validity of two million shares of STAAR Surgical Company (“STAAR”) common stock issued to STAAR’s former President and CEO, Thomas R. Waggoner and his wife, Patricia Waggoner (“Waggoner” or “Waggoners”). This is a continuation of the controversy between Waggoner and STAAR. We have already ruled that a provision of the preferred stock STAAR issued to Waggoner, purportedly giving him super-majority voting control of the company, was invalid. See Waggoner v. Laster, Del.Supr., 581 A.2d 1127 (1990) ("Waggoner I”). In…
2Cases cited14 opinions
- Waggoner v. LasterSupreme Court of Delaware · 1990
- Morris v. American Public Utilities CompanyCourt of Chancery of Delaware · 1923
- Alabama By-Products Corp. v. NealSupreme Court of Delaware · 1991
- Gaskill v. Gladys Belle Oil Co.Court of Chancery of Delaware · 1929
- Penington v. Commonwealth Hotel Construction Corp.Court of Chancery of Delaware · 1931
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3Cited by62 opinions
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- Lydia Korzen and Marsha O'Brien v. Local Union 705, International Brotherhood of TeamstersCourt of Appeals for the Seventh Circuit · 1996
- Genger v. TR INVESTORS, LLCSupreme Court of Delaware · 2011
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