1. Home
  2. Browse Decisions
  3. F.2d
  4. 623 F.2d
  5. 623 F.2d 796 (1980)
 

WALTON v. MORGAN STANLEY & CO. INC.

No. 685, Docket 79-7725.

623 F.2d 796 (1980)

Kathryn R. WALTON and Irmgart Van Daell Heckel, Plaintiffs-Appellants, v. MORGAN STANLEY & CO. INCORPORATED, Defendant-Appellee, and Olinkraft, Inc., Defendant.

United States Court of Appeals, Second Circuit.

Decided June 4, 1980.

Attorney(s) appearing for the Case

Sidney B. Silverman, New York City, (Silverman & Harnes, New York City, of counsel), for plaintiffs-appellants.

Kass, Goodkind, Wechsler & Labaton, New York City, for plaintiff-appellant Heckel.

Henry L. King, New York City (Davis, Polk & Wardwell, James W. B. Benkard, Robert F. Wise, Jr., E. Waide Warner, Jr., New York City, of counsel), Skadden, Arps, Slate, Meagher & Flom, New York City (William R. Meagher, William P. Frank, Jeffrey Gleckel, New York City, of counsel), for defendant-appellee.

Before LUMBARD, OAKES and NEWMAN, Circuit Judges.

LUMBARD, Circuit Judge:

Kathryn R. Walton and Irmgart Van Daell Heckel appeal from an order entered by Judge Morris Lasker in the District Court for the Southern District of New York on October 10, 1979. The district court dismissed appellants' complaint, which they had filed derivatively on behalf of Olinkraft, Inc. and which alleged that Morgan Stanley & Co., Inc. had breached a fiduciary duty it owed to Olinkraft, because appellants had not alleged any injury...

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