This is a stockholders' derivative action to recover damages occasioned to Odell, Inc., by defendant-appellant Salzman, its former officer, by alleged breach of his duty as a fiduciary in that he sold his shares, as well as management control, to Papercraft, a corporation which thereafter became owner of Odell. Salzman had been chairman of the board and chief executive officer of Odell, and a 5% stockholder. In 1969, when the market price for Odell stock was about $22.50...
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