Brancaleone v. Parisi

These are two cases, which were argued together on appeal, involving the alleged misconduct of Anthony Parisi (Parisi), president of the Gloucester Marine Railways Corporation (corporation). A single justice of this court granted a stay of the defendants’ appeal in the first case pending the Superior Court’s decision in the second case.

The First Case

This suit was brought against Parisi and the corporation by twenty-one of its stockholders who seek the return of stock surrendered by them to the corporation. The case was referred to a master. The defendants 2 have appealed from an interlocutory…