Robert W. Raybuck v. Usx, Incorporated, A/K/A U.S. Steel Corporation

OPINION

DONALD RUSSELL, Circuit Judge:

This is a suit wherein the plaintiff (Ray-buck), a retired management employee of the defendant (USX), sought to recover damages for breach of a series of stock options issued to him from 1978 to 1983 under a Management Employees Incentive Plan (Plan). The plaintiff appended to his breach of contract count a whole range of claims premised on theories of implied contract, breach of fiduciary duty, intentional interference with property, fraud, constructive fraud and negligent misrepresentations. The Plan granted the Compensation Committee of the USX Board…