MEMORANDUM OPINION
OREN R. LEWIS, District Judge.
This derivative suit was brought by three minority stockholders against the named corporations and individuals for the appointment of a receiver for the defendant corporations on the ground of gross mismanagement, fraud and misapplication of corporate funds—and for an order compelling the individual defendants to repay the corporations all moneys, including excess compensation, illegally taken.
Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.