Legal Opinion

Green v. Brown

Court of Appeals for the Second Circuit

Decided July 29, 1968No. 423, Docket 31844PublishedCited by 22 opinions

1Opinion of the Court

FEINBERG, Circuit Judge:

Jeffrey M. Green, a shareholder in the Narragansett Capital Corporation, a closed-end non-diversified management investment company registered with the Securities and Exchange Commission under the Investment Company Act of 1940,1 brought this derivative action against one former and ten present directors of the corporation. Plaintiff claimed that defendants violated the Act by causing the corporation, without prior shareholder approval, to make two loans which were prohibited by an “investment policy” recited in the corporation’s registration statement on file with the…

2Cases cited5 opinions

  1. Laurenzano v. EinbenderDistrict Court, E.D. New York · 1966
  2. New York, N.H. & H.R. Co. v. Reconstruction Finance CorporationCourt of Appeals for the Second Circuit · 1950
  3. United States v. L. N. White and Company, Inc.Court of Appeals for the Second Circuit · 1966
  4. Palmer v. Reconstruction Finance Corp.Court of Appeals for the Second Circuit · 1947
  5. Green v. BrownDistrict Court, S.D. New York · 1967

3Cited by22 opinions

  1. Santiago v. Immigration & Naturalization ServiceCourt of Appeals for the Ninth Circuit · 1975
  2. Dean Witter Reynolds, Inc. v. Marilyn Kay Fernandez, Etc., Banco Nacional De Cuba, Defendants-Cross-Claimants-Appellees, Gilbert McDonaldCourt of Appeals for the Eleventh Circuit · 1984
  3. Adato v. KaganCourt of Appeals for the Second Circuit · 1979
  4. Petition for Naturalization of Antonio Olegario v. United StatesCourt of Appeals for the Second Circuit · 1980
  5. Krause v. Sacramento InnCourt of Appeals for the Ninth Circuit · 1973

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