1. Home
  2. Browse Decisions
  3. HOUSEMAN v. SAGERMAN
 

HOUSEMAN v. SAGERMAN

Civil Action No. 8897-VCG.

AARON HOUSEMAN and NANCY HOUSEMAN, Plaintiffs, v. ERIC S. SAGERMAN, THOMAS D. WHITTINGTON, CLINTON S. LAIRD, BROCK J. VINTON, RAYMOND IBARGUEN, GEORGE D. SERGIO, UNIVERSATA, INC., J.P. MORGAN CHASE BANK, N.A. and KEYBANC CAPITAL MARKETS, INC., Defendants.

Court of Chancery of Delaware.

Decided: April 16, 2014.

Attorney(s) appearing for the Case

Eric M. Andersen , of Mark Anderson, P.A., Wilmington, Delaware, Attorney for the Plaintiffs.

Steven L. Caponi and Elizabeth Sloan , of Blank Rome LLP, Wilmington, Delaware, Attorneys for Defendants Eric S. Sagerman, Thomas D. Whittington, Clinton S. Laird, Brock J. Vinton, Raymond Ibarguen, George D. Sergio and Universata, Inc.

Stephen C. Norman and Matthew D. Stachel , of Potter Anderson & Corroon LLP, Wilmington, Delaware; OF COUNSEL: Geoffrey J. Ritts and P. Nikhil Rao , of Jones Day, Cleveland, Ohio, Attorneys for Defendant KeyBanc Capital Markets Inc.

MEMORANDUM OPINION

GLASSCOCK, Vice Chancellor.

This action involves a suit by a husband and wife (the "individual Plaintiffs"), who are stockholders and creditors of Universata, Inc. ("Universata," or the "Company").1 In 2009, Universata exchanged a portion of its debt for 525,000 shares of its common stock, transferred to the individual Plaintiffs. In addition, as part of the transaction, the individual...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases