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ZAHN v. TRANSAMERICA CORPORATION

No. 490.

63 F.Supp. 243 (1945)

ZAHN v. TRANSAMERICA CORPORATION.

District Court, D. Delaware.

September 5, 1945

Attorney(s) appearing for the Case

Samuel Handloff, of Wilmington, Del., for plaintiff.

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

LEAHY, District Judge.

This is an action by plaintiff as a class A stockholder of Axton-Fisher to recover damages for defendant's fraud in causing Axton-Fisher to redeem its class A stock at $80.80 per share on July 1, 1943, instead of permitting the class A stockholders to participate in the liquidation of Axton-Fisher, which occurred in June of 1944. Plaintiff charges that if the class A stock had not been redeemed at...

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