Tracy v. Curtis

The plaintiffs have appealed from judgments of dismissal entered in two separate actions brought by them in the Superior Court. The first action (derivative ac tion) was brought by the plaintiffs as minority shareholders of Curtió Realty Trust (Curtió), a Massachusetts business trust with transferable shares (G. L. c. 182, §§ 1 et seq.), against Thomas E. Curtis (Thomas), Richard D. Curtis (Richard) and David J. Curtis (David), who at all material times have been the only trustees of Curtió, and seeks relief in behalf of Curtió by reason of various breaches of trust which are alleged to have…