Schultz v. Scandrett

WILBUR, Justice.

[¶ 1.] This is a dispute between two families of shareholders owning stock in Cosmos of the Black Hills, Inc. (“Cos mos”). The Schultzes, the minority shareholders, brought an action against the Scandretts, the majority shareholders, alleging breach of fiduciary care, breach of fiduciary loyalty, minority shareholder oppression, and request for accounting. The jury rendered a verdict in favor of the Scandretts on the breach of fiduciary duty claims and the circuit court issued findings of fact and conclusions of law in favor of the Scandretts on the remaining claims. The…