WOODCOCK v. AMERICAN INVESTMENT CO.


376 Mass. 169 (1978)

380 N.E.2d 624

AILEEN E. WOODCOCK & another v. AMERICAN INVESTMENT COMPANY & others.

Supreme Judicial Court of Massachusetts, Suffolk.

August 16, 1978.


Attorney(s) appearing for the Case

Daniel F. Featherston, Jr., for Aileen E. Woodcock & another.

Verne W. Vance, Jr. (William J. Cheeseman with him) for the American Investment Company & others.

Walter J. Hurley, for William F. Heath, joined in a brief.

Present: HENNESSEY, C.J., KAPLAN, WILKINS, & LIACOS, JJ.


WILKINS, J.

The plaintiffs appeal from a judgment dismissing their complaint for failure to state a claim on which relief could be granted. The plaintiffs, residents of Missouri and long-time shareholders of the defendant American Investment Company, a Delaware corporation (company), brought this action on May 31, 1974, against the company and certain of its past and present directors and officers. We affirm the judgment on the ground that the plaintiffs' claims were...

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