Brown v. Tenney

The plaintiff-appellant, Melvin Brown, brought an action for injunctive and monetary relief, based upon various alleged breaches of fiduciary duties and other corporate misconduct, against the defendants Richard Tenney, William Jell, and Agri-Econ, Inc. (collectively referred to as Tenney). Brown seeks this relief both individually against the individual defendant Richard Tenney and derivatively as a shareholder on behalf of T/B Holding Company (T/B) and Pioneer Commodities Incorporated (Pioneer).

In 1975, the individual defendant Richard Tenney and the plaintiff Brown formed the corporation…