Traylor v. Marine Corporation

DECISION and ORDER

MYRON L. GORDON, District Judge.

In a carefully drawn complaint, the plaintiffs charge that through the fraudulent acts of certain designated defendants, the corporate assets of Polaris Corporation were sold under terms which were detrimental to the plaintiffs as minority stockholders. The defendants have filed a number of motions which this decision will consider; they include motions to dismiss, to strike the complaint, to quash process, and to require the plaintiffs to give security for expenses.

The complaint itself is a lengthy document of 33 pages and is divided into 6…