Legal Opinion
Murdock v. Follansbee Steel Corp.
District Court, W.D. Pennsylvania
Decided September 14, 1953No. Civ. No. 11110PublishedCited by 1 opinion
1Opinion of the Court
WILLSON, District Judge.
Plaintiff, Rex Murdock, on behalf of himself and all other stockholders of .Follansbee Steel Corporation similarly situated, brought this suit against the corporation and certain individual defendants who are both present and past directors of the corporation. Plaintiff charges defendants with fraud, mismanagement and waste and seeks judgment against the individual defendants in the sum of $3,500,000 on behalf of defendant Follansbee Steel Corporation and seeks judgment against defendants Christman and Dean, also in behalf of the defendant Follansbee Steel Corporation,…
2Cases cited5 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Salt Dome Oil Corp. v. SchenckSupreme Court of Delaware · 1945
- Bankers Nat. Corp. v. BarrDistrict Court, S.D. New York · 1945
- Schwartz v. the Olympic, Inc.District Court, D. Delaware · 1947
- Lee v. Riefler & Sons, Inc.District Court, M.D. Pennsylvania · 1930
3Cited by1 opinion
- Murdock. v. Follansbee Steel Corp.Court of Appeals for the Third Circuit · 1954