Rothman v. Snyder

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND ROBERT ROTHMAN et al, . * Plaintiffs, * . ¥ Ne | Civil No. 20-3290 PJM ‘DANIEL SNYDER, ‘ _ Defendant. * MEMORANDUM OPINION This case involves the efforts of minority shareholders ofa close corporation, who wish to sell their shares to outside parties, to preclude the majority shareholder of the corporation from exercising a right of first refusal (ROFR) to purchase the shares, a right the majority shareholder holds under a Stockholders Agreement with the minority group. The transaction is complicated by | the fact that the…