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TRAHER v. REPUBLIC FIRST BANCORP, INC.

CIVIL ACTION No. 19-1202.

432 F.Supp.3d 533 (2020)

Doug TRAHER, Plaintiff, v. REPUBLIC FIRST BANCORP, INC., Defendant.

United States District Court, E.D. Pennsylvania.

Signed January 13, 2020.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity - Stockholders Suits
Nature of Suit: 160 Contract: Stockholders Suits
Source: PACER

Attorney(s) appearing for the Case

Mark R. Rosen, Barrack Rodos & Bacine, Philadelphia, PA, Michael A. Toomey, Barrack Rodos & Bacine, New York, NY, for Plaintiff.

George M. Vinci, Jr., Neal Robert Troum, Spector Gadon & Rosen P.C., Philadelphia, PA, for Defendant.

MEMORANDUM OPINION

This is an action brought by a shareholder of a publicly traded corporation alleging that it breached its articles of incorporation by improperly conducting a vote on a proposed amendment that would double the corporation's shares. The irregularity at the center of the case was the...

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