Legal Opinion

Speed v. Transamerica Corp.

District Court, D. Delaware

Decided September 5, 1945No. Civil Action No. 480PublishedCited by 26 opinions

1Opinion of the Court

LEAHY, District Judge.

This is a class action by plaintiffs, former minority holders of Class A and Class B stock of Axton-Fisher Tobacco Company, against defendant, a majority stockholder of Axton-Fisher. Plaintiffs seek to recover damages resulting from their sale to defendant in November, 1942, of 2350 shares of Class A stock and 1235 shares of Class B stock, pursuant to a written offer which defendant made at that time to all holders of Class A and Class B stock. Plaintiffs seek damages for the difference between the true liquidating value of the stock which they sold to defendant and the…

2Cases cited17 opinions

  1. Akely v. . KinnicuttNew York Court of Appeals · 1924
  2. Independence Shares Corporation v. DeckertCourt of Appeals for the Third Circuit · 1939
  3. Geller v. Transamerica CorporationDistrict Court, D. Delaware · 1943
  4. Zimmern v. BlountCourt of Appeals for the Fifth Circuit · 1917
  5. Willcox v. Harriman Securities CorporationDistrict Court, S.D. New York · 1933

12 more not listed; retrieve them via the Exa API.

3Cited by26 opinions

  1. William Harris v. Palm Springs Alpine Estates, Inc.Court of Appeals for the Ninth Circuit · 1964
  2. List v. Fashion Park, Inc.Court of Appeals for the Second Circuit · 1965
  3. Siegel v. Chicken Delight, Inc.District Court, N.D. California · 1967
  4. Speed v. Transamerica Corp.District Court, D. Delaware · 1951
  5. List v. Fashion Park, Inc.Court of Appeals for the Second Circuit · 1965

21 more not listed; retrieve them via the Exa API.

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