Legal Opinion

Daniel Rademeyer State of Missouri v. Michael R. Farris

Court of Appeals for the Eighth Circuit

Decided March 13, 2002No. 01-2377, 01-2456PublishedCited by 12 opinions

1Opinion of the Court

MORRIS SHEPPARD ARNOLD, Circuit Judge.

Daniel Rademeyer was a shareholder in MRF, Inc., a medical technology company in which Michael Farris owned a majority of the stock. After Mr. Farris purchased all the shares of the minority shareholders and sold MRF, Mr. Rademeyer sued him claiming fraud and breach of fiduciary duty. Mr. Rademeyer alleged that Mr. Farris had concealed the true value of MRF and had failed to disclose that, at the time of buy-back negotiations with the minority shareholders, he had received an offer from LaserSight to sell MRF for a higher price per share than the price…

2Cases cited15 opinions

  1. Bendix Autolite Corp. v. Midwesco Enterprises, Inc.Supreme Court of the United States · 1988
  2. Klemme v. BestSupreme Court of Missouri · 1997
  3. Clark v. Kellogg Co.Court of Appeals for the Eighth Circuit · 2000
  4. Peterson v. Continental Boiler Works, Inc.Supreme Court of Missouri · 1990
  5. Bottineau Farmers Elevator v. Woodward-Clyde Consultants, a Foreign CorporationCourt of Appeals for the Eighth Circuit · 1992

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3Cited by12 opinions

  1. John P. Kennedy v. Venrock AssociatesCourt of Appeals for the Seventh Circuit · 2003
  2. Beverly Burkett v. Dan Glickman, Secretary, United States Department of AgricultureCourt of Appeals for the Eighth Circuit · 2003
  3. Candice E. Mitchell v. Iowa Protection and Advocacy Services, Inc. Sylvia PiperCourt of Appeals for the Eighth Circuit · 2003
  4. State Ex Rel. Bloomquist, D.O. v. SchneiderSupreme Court of Missouri · 2008
  5. Heritage Marketing and Insurance Services, Inc. v. ChrustawkaCalifornia Court of Appeal · 2008

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