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GOLDHAR v. ROSENFELD

149 A.2d 753 (1959)

Maxwell GOLDHAR, Carroll Rosenbloom, and Universal Products Company, Inc., Appellants, Defendants below. v. William ROSENFELD, Appellee, Plaintiff below.

Supreme Court of Delaware.

March 31, 1959.

Attorney(s) appearing for the Case

John P. Sinclair, of Berl, Potter & Anderson, Wilmington, for appellants.

Irving Morris, of Cohen & Morris, Wilmington, and Milton Paulson, New York City, for appellee.

SOUTHERLAND, C. J., and WOLCOTT and BRAMHALL, JJ., sitting.

SOUTHERLAND, Chief Justice.

This is a stockholder's derivative suit brought on behalf of Universal Products Company, Inc., against eight directors of former directors of Universal, alleging various breaches of fiduciary duty. Seven of the eight have appeared in the cause.

Shortly after the filing of the suit two of the defendant directors, together with Universal, filed a motion for judgment on the pleadings. After...

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