Abrams v. Allen

All causes of action pleaded by respondents in this derivative stockholders’‘suit have heretofore been dismissed except the first, which is the subject of this appeal.

The remaining cause of action seeks to hold personally liable directors and officers of Remington Rand, Inc., for injury allegedly resulting to the corporation because of a labor policy of the directorate in the years 1934 to 1937 that involved resistance to the demands of labor unions and to proceedings instituted before the National Labor Relations Board which resulted in the entry of a cease and desist order against the…