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WARSHAW v. CALHOUN

213 A.2d 539 (1965)

Esther R. WARSHAW, Plaintiff, v. W. K. CALHOUN, Charles F. Curry, F. W. DuBoc, Ray B. DuBoc, Robert M. DuBoc, W. L. Gench, John Latshaw, K. H. Mead, C. C. Otto, Western Casualty and Surety Company, a Kansas corporation, and The Western Insurance Securities Company, a Delaware corporation, Defendants.

Court of Chancery of Delaware, New Castle.

October 5, 1965.

Attorney(s) appearing for the Case

Leroy A. Brill, of Bayard, Brill, Russell & Handelman, Wilmington, Laventhall & Zicklin, and Javits, Trubin, Sillcocks, Edelman & Purcell, New York City, for plaintiff.

Henry M. Canby and Richard J. Abrams, of Richards, Layton & Finger, Wilmington, and Stinson, Mag, Thomson, McEvers & Fizzell, Kansas City, Mo., for moving individual defendants.

Richard L. McMahon, of Berl, Potter & Anderson, Wilmington, and Stinson, Mag, Thomson, McEvers & Fizzell, Kansas City, Mo., for corporate defendants.

SEITZ, Chancellor.

Plaintiff, as a common stockholder of defendant, The Western Insurance Securities Company ("Securities"), brings a class action against and a derivative action on behalf of Securities, a Delaware corporation. In addition to Securities and its officers and directors, the defendants are Western Casualty and Surety Company ("Casualty"), a Kansas corporation, and two of its directors. The appearing individual defendants as well as the corporate defendants...

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