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BLANK v. BELZBERG

C.A. No. 19567.

858 A.2d 336 (2003)

Barry BLANK, on behalf of himself and all others similarly situated, Plaintiff, v. William BELZBERG, Hyman Belzberg, Keenan Behrle, Bruno Dispirito, Roy Doumani, Barbara C. George, Fred Kayne, and Westminster Capital, Inc., Defendants.

Court of Chancery of Delaware, New Castle County.

Decided June 18, 2003.

Attorney(s) appearing for the Case

Craig B. Smith, David A. Jenkins, Smith Katzenstein & Furlow LLP, Wilmington, Delaware; Matthew M. Houston, Wechsler Harwood LLP, New York, New York, for Plaintiff Barry Blank.

Kevin R. Shannon, John M. Seaman, Potter Anderson & Corroon LLP, Wilmington, Delaware, for Defendants William Belzberg, Hyman Belzberg, Keenan Behrle, Bruno Dispirito, and Westminster Capital, Inc.

David C. McBride, Danielle B. Gibbs, Young Conaway Stargatt & Taylor, Wilmington, Delaware, for Defendants Roy Doumani, Barbara C. George, and Fred Kayne.

Fred Lowenschuss, Santa Barbara, California, Objector, pro se.

OPINION

LAMB, Vice Chancellor.

I.

The plaintiff in this action is Barry Blank, who is the owner of 349,300 shares of Westminster, Capital, Inc. Blank brought this action on behalf of himself and the class of persons who owned Westminster common stock between April 18, 2002 and June 21, 2002, and their successors in interest, assignees or transferees (other than the defendants). The defendants are Westminster, William Belzberg, Hyman Belzberg...

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