Shabshelowitz v. Fall River Gas Co.

The question before us is whether a stockholder motivated solely by personal investment concerns may compel a company to produce a stockholder list for him to inspect and copy. The Appeals Court held that the plaintiff had no right to inspect the stockholder list because he was motivated solely by a desire “to obtain information that might result in acquiring additional company stock for his investment portfolio.” Shabshelowitz v. Fall River Gas Co., 30 Mass. App. Ct. 769, 773 (1991). We allowed the plaintiff’s application for further appellate review. We agree with" the Appeals Court’s…