Fletcher v. A. J. Industries, Inc.
California Court of Appeal
1Opinion of the CourtRattigan, J.
— This appeal is from certain orders en tered in a stockholders’ derivative action against appellant A. ,,J. Industries, Inc. (hereinafter called the “corporation,” or ,“AJ”). The questions presented are whether, under the circumstances of the present ease, the corporation should be required to pay attorneys’ fees and costs incurred in the action (1) by the stockholders who brought it as plaintiffs, or ■ (2) by two officer-directors of the corporation who were named as defendants and whose alleged misconduct was the basis of the action.
Respondents Maurice Fletcher and Bradley, both…
2Cases cited25 opinions
- Sprague v. Ticonic National BankSupreme Court of the United States · 1939
- Trustees v. GreenoughSupreme Court of the United States · 1882
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- Kennedy v. WollenbergCalifornia Supreme Court · 1959
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