Legal Opinion
Roth ex rel. Dreyfus Corp. v. Fund of Funds, Ltd.
Court of Appeals for the Second Circuit
Decided December 6, 1968No. 27, Docket 32250PublishedCited by 19 opinions
1Per curiam
Plaintiff Ethel Roth, a stockholder of Dreyfus Corporation (Dreyfus), brought a stockholder derivative suit to recover short-swing “insider” profits made by The Fund of Funds, Ltd. (Fund), a Canadian corporation, on purchases and sales of common stock of Dreyfus on the New York Stock Exchange. The District Court granted her motion for summary judgment and directed judgment in favor of Dreyfus and against the Fund in the sum of $154,019.50 together with interest and costs. The Fund appeals.
The Fund, a mutual investment company and admittedly the beneficial owner of more than 101% of Dreyfus…
2Cases cited3 opinions
- United States v. Aluminum Co. of AmericaCourt of Appeals for the Second Circuit · 1945
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
- Kook v. CrangDistrict Court, S.D. New York · 1960
3Cited by19 opinions
- Leasco Data Processing Equipment Corp. v. MaxwellCourt of Appeals for the Second Circuit · 1972
- Fed. Sec. L. Rep. P 93,747 Securities and Exchange Commission v. United Financial Group, Inc., Formerly Known as Usi Group, Inc.Court of Appeals for the Ninth Circuit · 1973
- Tyco Laboratories, Inc. v. Cutler-Hammer, Inc.District Court, S.D. New York · 1980
- Schur v. SalzmanDistrict Court, S.D. New York · 1973
- Huppe v. WPCS International Inc.Court of Appeals for the Second Circuit · 2012
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