Docket No. 20500.

62 Mich. App. 594 (1975)

233 N.W.2d 667


Michigan Court of Appeals.

Decided July 22, 1975.

Attorney(s) appearing for the Case

Geralds, Suo & Noble, P.C., for plaintiff.

Dakmak, Gropman & Sinai, P.C., for defendants.

Before: V.J. BRENNAN, P.J., and J.H. GILLIS and D.F. WALSH, JJ.


Plaintiff and the three individual defendants are all hairdressers who formed the corporation, Sol and Bob, Inc., each owning a 25 percent interest in the corporation. In October, 1970, plaintiff terminated his employment with the corporation but retained his 25 percent interest therein. Subsequent to his departure, corporate investments which had been made during plaintiff's active service with the corporation were sold by defendants and, although...

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