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FOUST v. TRANSAMERICA CORPORATION

No. C-74-1966-CBR.

391 F.Supp. 312 (1975)

Linda Fern FOUST, Individually, [and as a shareholders' derivative action on behalf of herself and all other stockholders of the Transamerica Corporation,] Plaintiff, v. TRANSAMERICA CORPORATION et al., Defendants.

United States District Court, N. D. California.

March 18, 1975.

Attorney(s) appearing for the Case

Robert S. Gelman, San Francisco, Cal., for plaintiffs.

Orrick, Herrington, Rowley & Sutcliffe, James R. Madison, Tower C. Snow, Jr., San Francisco, Cal., for defendants.

ORDER GRANTING MOTION TO DISMISS

RENFREW, District Judge.

This purports to be a shareholder's derivative suit against transamerica Corporation ("Transamerica") and its directors. On April 16, 1974, plaintiff, who had never been employed by nor sought employment from Transamerica, purchased one share of stock in defendant corporation.1 Exactly one month later, on May 16, 1974, she filed complaints before the Equal Employment Opportunity...

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