Legal Opinion
Mokover v. Neco Enterprises, Inc.
District Court, D. Rhode Island
Decided March 2, 1992No. Civ. A. 89-0505B, 89-0693B and 90-0202BPublishedCited by 15 opinions
1Opinion of the Court
OPINION
FRANCIS J. BOYLE, Chief Judge.
This case involves a stockholders’ class action and two derivative stockholder actions brought against the directors of Neco Enterprises, Inc. (“NECO”), a Rhode Island corporation. The complaints allege that the Defendant directors breached their fiduciary duty to the corporation and violated Rule 14(a)-9 of the Securities Exchange Act of 1934, which prohibits the issuance of materially false or misleading proxy statements. Defendant David LaRoche is the pivotal person. He was an owner of the properties sold to NECO, and he owned 52% of the stock of NECO.…
2Cases cited21 opinions
- Blum v. StensonSupreme Court of the United States · 1984
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- New York State Association for Retarded Children, Inc. v. Hugh L. Carey, Individually and as Governor of the State of New YorkCourt of Appeals for the Second Circuit · 1983
- Dolores J. Copeland, Individually and on Behalf of the Class of All Others Similarly Situated v. F. Ray Marshall, Secretary of LaborCourt of Appeals for the D.C. Circuit · 1980
- Boeing Co. v. Van GemertSupreme Court of the United States · 1980
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3Cited by15 opinions
- Guckenberger v. Boston UniversityDistrict Court, D. Massachusetts · 1998
- CENTEX-ROONEY CONST. CO. v. Martin CountyDistrict Court of Appeal of Florida · 1999
- Weinberger v. Great Northern Nekoosa Corp.District Court, D. Maine · 1992
- Garb v. Marshall (In Re Narragansett Clothing Co.)Bankruptcy Appellate Panel of the First Circuit · 1997
- In Re: San Juan v. MassaroCourt of Appeals for the First Circuit · 1997
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