Legal Opinion
WADDEKK & REED FINANCIAL, INC. v. Torchmark Corp.
District Court, D. Kansas
Decided February 4, 2003No. Civil Action 01-2372-KHVPublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
VRATIL, District Judge.
Plaintiffs have filed suit against Torch-mark Corporation (“Torchmark”) and Ronald K. Richey, Harold T. McCormick and Louis T. Hagopian. Torchmark is the former corporate parent of Waddell & Reed, Inc. The individual defendants are former common directors of Torchmark and Wad-dell & Reed Financial, Inc. Plaintiffs seek to recover under the Racketeer Influenced and Corrupt Organizations Act (“RICO”), 18 U.S.C. § 1961 et seq., and assert Kansas common law claims for breach of fiduciary duty, knowing participation in breach of fiduciary duty, and…
2Cases cited61 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
- Marrese v. American Academy of Orthopaedic SurgeonsSupreme Court of the United States · 1985
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3Cited by4 opinions
- Waddell & Reed Financial, Inc. v. Torchmark Corp.District Court, D. Kansas · 2004
- Morris v. CORNERSTONE PROPANE PARTNERSSupreme Court of Alabama · 2003
- Morris v. CORNERSTONE PROPANE PARTNERSSupreme Court of Alabama · 2003
- ULTRA-MEK, INC. v. UNITED FURNITURE INDUSTRIES, INC.District Court, M.D. North Carolina · 2021