Reiter v. Greenberg

Meier Steinbrink, Spec. Ref.

This is a representative action brought by a stockholder against an officer and director (Green-berg) and another (Gedzelman) seeking to recover corporate funds allegedly improperly obtained from the corporation.

Originally plaintiff, contended that defendant Greenberg improperly received Items 1, 2, 3 and 5 set forth in plaintiff’s Exhibit 1. The claims with reference to Items 1, 2 and 3 have been withdrawn. As to Item 5, it was stipulated that for the purpose of saving the time of the court and of the parties, defendant Greenberg agreed that $250 of that item be…