Legal Opinion

Citron v. Fairchild Camera & Instrument Corp.

Supreme Court of Delaware

Decided December 22, 1989PublishedCited by 85 opinions

1Opinion of the Court

HORSEY, Justice.

Plaintiff appeals from the Court of Chancery’s decision after trial granting final judgment for the defendants on all claims for relief. Plaintiff, Edith Citron, brings a class action on behalf of all stockholders of Fairchild Camera and Instrument Corporation (“Fairchild”), a Delaware corporation, who sold their shares to Schlumberger (California) Inc. (“Schlumberger”), a Delaware corporation, pursuant to a May 29, 1979 tender offer, or who had their shares converted into cash in the subsequent merger of Schlumberger into Fairchild on September 28, 1979. The appearing…

2Cases cited19 opinions

  1. Aronson v. LewisSupreme Court of Delaware · 1984
  2. Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
  3. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  4. Smith v. Van GorkomSupreme Court of Delaware · 1985
  5. Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985

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3Cited by85 opinions

  1. Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 1994
  2. Kahn v. Lynch Communication Systems, Inc.Supreme Court of Delaware · 1994
  3. Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
  4. Cinerama, Inc. v. Technicolor, Inc.Supreme Court of Delaware · 1995
  5. Corwin as Trustee for Beatrice Corwin Living Irrevocable Trust v. British American Tobacco PLCSupreme Court of North Carolina · 2018

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