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GELLER v. TRANSAMERICA CORPORATION

Civil Action No. 322.

53 F.Supp. 625 (1943)

GELLER v. TRANSAMERICA CORPORATION.

District Court, D. Delaware.

December 31, 1943.

Attorney(s) appearing for the Case

John Van Brunt, Jr. (of Hastings, Stockly & Layton), of Wilmington, Del., for plaintiff.

Edwin D. Steel, Jr. (of Morris, Steel & Nichols), of Wilmington, Del., for defendant.

LEAHY, District Judge.

Plaintiff says he was induced to sell his Class A stock as a result of acts of misrepresentation and concealment by defendant,1 at a time when defendant, inasmuch as it was the majority stockholder of Axton-Fisher, stood in a position of a fiduciary to plaintiff as a minority stockholder. I shall treat seriatim the acts of misrepresentation and concealment before discussing the apposite law as to whether a fiduciary...

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