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JUNKER v. CRORY

No. 79-3221.

650 F.2d 1349 (1981)

James G. JUNKER, Individually and on behalf of himself and other Shareholders of Reco Investment Corporation, Plaintiff-Appellee, v. Walter H. CRORY, Chesley D. Crory, Joseph B. Mongogna, James T. Carmen, Jack R. Walter, James Davidson, Jr., Frederick P. Heisler, Road Equipment Company, Reco Investment Corporation and Road Equipment Company, Inc., Defendants-Appellants.

United States Court of Appeals, Fifth Circuit. Unit A

Rehearing Denied September 4, 1981.

Attorney(s) appearing for the Case

Klein & Rouse, Henry L. Klein, New Orleans, La., for defendants-appellants.

James J. O'Connor, P. J. Stakelum, III, Paul E. Hurley, New Orleans, La., for plaintiff-appellee.

Before SKELTON, Senior Judge, RUBIN and REAVLEY, Circuit Judges.

ALVIN B. RUBIN, Circuit Judge:

A Louisiana resident who was a minority shareholder in a corporation voted against its proposed merger into another corporation. The merger was approved on the strength of the voting power of the majority shareholders. Once the merger was consummated, the minority shareholder sought relief in federal district court on a variety of federal securities law claims and on pendent claims for violation of state-imposed duties. We affirm the...

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