Abbey v. Computer & Communications Technology Corp.
Court of Chancery of Delaware
1Opinion of the Court
BROWN, Chancellor.
This action was filed derivatively pursuant to Chancery Rule 23.1 on behalf of the defendant Computer & Communications Technology Corp., a Delaware corporation (hereafter “CCTC”). Plaintiff is a shareholder of that corporation. On behalf of the corporation she seeks to recover against the individual defendants for illegal profits allegedly realized by them as a result of trading in the stock of the corporation based upon inside information. The named individual defendants are Everett T. Bahre, the President and director of CCTC; Robert J. Leaver, Vice President and General…
2Cases cited8 opinions
- Hawes v. OaklandSupreme Court of the United States · 1882
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- Shlensky v. DorseyCourt of Appeals for the Third Circuit · 1978
- Mollie Nussbacher v. Continental Illinois National Bank and Trust Company of ChicagoCourt of Appeals for the Seventh Circuit · 1975
- Weiss v. Temporary Investment Fund, Inc.District Court, D. Delaware · 1981
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3Cited by27 opinions
- Levine v. SmithSupreme Court of Delaware · 1991
- Spiegel v. BuntrockSupreme Court of Delaware · 1990
- Allison Ex Rel. General Motors Corp. v. General Motors Corp.District Court, D. Delaware · 1985
- Seminaris v. LandaCourt of Chancery of Delaware · 1995
- Rich ex rel. Fuqi International, Inc. v. Yu Kwai ChongCourt of Chancery of Delaware · 2013
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