Carter v. Wilson Const. Co., Inc.

JOHNSON, Judge.

Plaintiff owns 317 shares of the common stock of defendant corporation. Plaintiff also owns approximately twenty percent (20%) of the outstanding shares of Wilson Equipment Leasing, Inc., a company which leases equipment to defendant corporation and conducts related transactions with defendant corporation. Plaintiff is now part owner and employee of C & L Contracting, Inc., which, according to defendants, is “in direct competition with [defendant corporation].”

Defendant Wilson is president of the corporate defendant Wilson Construction Company, Inc. Plaintiff, through his…