Stoner v. Walsh
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
MUKASEY, District Judge.
Plaintiff Margaret Stoner sues derivatively on behalf of nominal defendant The Equitable Life Assurance Company of the United States against various present and former Officers and Directors of Equitable as well as Strategic Planning Associates, a management consulting firm, for alleged mismanagement and corporate waste. Before commencing this action, plaintiff’s attorney demanded that Equitable sue those persons allegedly responsible for the company’s “currently deteriorated financial state.” The demand was unanimously rejected by Equitable’s Board of…
2Cases cited30 opinions
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Ross v. BernhardSupreme Court of the United States · 1969
- Hawes v. OaklandSupreme Court of the United States · 1882
- Smith v. SperlingSupreme Court of the United States · 1957
- Fed. Sec. L. Rep. P 98,860 Athalie Doris Joy v. Nelson L. North, Nelson L. NorthCourt of Appeals for the Second Circuit · 1982
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3Cited by38 opinions
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- Ross v. Mitsui Fudosan, Inc.District Court, S.D. New York · 1998
- In Re PSE & G Shareholder LitigationSupreme Court of New Jersey · 2002
- Janssen v. Best & FlanaganSupreme Court of Minnesota · 2003
- Kalin v. Xanboo, Inc.District Court, S.D. New York · 2007
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