Stacy Ryan v. Constance Ryan
Court of Appeals for the Eighth Circuit
1Opinion of the Court
LOKEN, Circuit Judge.
Streck, Inc. ("Streck") is a successful, closely held Nebraska corporation founded by Dr. Wayne Ryan in 1982. In 1985, Dr. Ryan and his wife Eileen gifted equal amounts of voting and nonvoting Streck stock to their five children. Daughter Constance Ryan ("Connie") has been president of Streck since 1993 and CEO and chairman of the board since 2013. In mid-2012, exercising its right to purchase under a revised Redemption Agreement ("RRA"), Streck purchased daughter Stacy Ryan's voting and nonvoting shares for $9,280,235. In August 2015, Stacy filed this action against…
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