MARSH v. ARMADA CORP.

No. 75-1885.

533 F.2d 978 (1976)

Charles E. MARSH, and Detroit Bank and Trust Company as co-trustees under the Trust of Albert and Minnie Marsh, and James S. Rothschild, Plaintiffs-Appellants, v. ARMADA CORPORATION et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided April 5, 1976.

Rehearing Denied May 7, 1976.


Attorney(s) appearing for the Case

Frank B. Vecchio, Milmet, Vecchio, Kennedy & Carnago, Detroit, Mich., for Marsh.

Kreindler & Kreindler, Howard Silver, Ronald Litowitz, New York City, Sommers, Schwartz, Silver, Swartz, Tyler & Gordon, Southfield, Mich., for Rothschild.

David E. Cary, D. Michael Kratchman, Evans & Luptak, Detroit, Mich., for defendants-appellees.

Before WEICK and LIVELY, Circuit Judges, and MARKEY, Chief Judge, United States Court of Customs and Patent Appeals.


WEICK, Circuit Judge.

This action is one of an increasing number of lawsuits in which minority shareholders, dissatisfied with the merger terms under which their stock is to be converted into cash or stock of the controlling corporation, seek a federal remedy by alleging violations of Section 10(b) of the Securities Act of 1934 (hereinafter Exchange Act) and Rule 10b-5 promulgated thereunder.1

A common feature in this type of lawsuit...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases