Legal Opinion
Brown v. Hart, Schaffner & Marx
District Court, N.D. Illinois
Decided November 24, 1982No. 82 C 4333PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM OPINION
KOCORAS, District Judge:
Plaintiff, Ann Brown, brings this derivative action against the Hart, Schaffner & Marx corporation (“HSM”) and all of its directors, alleging violations of federal securities laws, as well as common law fraud and breach of fiduciary duty. Plaintiff owns 10 shares of HSM stock which she purchased on May 6, 1982, for $270.
Plaintiff filed this action on July 13,1982, a little more than two months after making her $270 investment in HSM.1 The action arises out of a business transaction which occurred in late June of 1982. At that time, HSM entered into an…
2Cases cited8 opinions
- Hickman v. TaylorSupreme Court of the United States · 1947
- Surowitz v. Hilton Hotels Corp.Supreme Court of the United States · 1966
- Federal Trade Commission v. Milton ShaffnerCourt of Appeals for the Seventh Circuit · 1980
- Loctite Corporation v. Fel-Pro, Inc. And Felt Products Mfg. Co.Court of Appeals for the Seventh Circuit · 1981
- Zucker v. SableDistrict Court, S.D. New York · 1975
3 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- In re Dayco Corp. Derivative Securities LitigationDistrict Court, S.D. Ohio · 1983
- Byrnes v. Jetnet Corp.District Court, M.D. North Carolina · 1986
- United States v. Banco Cafetero InternationalDistrict Court, S.D. New York · 1985
- Miserandino v. Resort Properties, Inc.Court of Appeals of Maryland · 1997
- M & R Amusements Corp. v. BlairDistrict Court, N.D. Illinois · 1992
7 more not listed; retrieve them via the Exa API.