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ROBERTS v. ALABAMA POWER CO.

79-743.

404 So.2d 629 (1981)

James Otis ROBERTS, on behalf of himself and all other stockholders of Alabama Power Company v. ALABAMA POWER COMPANY, et al.

Supreme Court of Alabama.

September 25, 1981.

Attorney(s) appearing for the Case

Alvin T. Prestwood and Claude P. Rosser, Jr., Montgomery, for appellants.

T. W. Thagard, Jr. and David R. Boyd of Smith, Bowman, Thagard, Crook & Culpepper, Montgomery, for appellees.

ALMON, Justice.

James Otis Roberts, a shareholder1 and former employee of Alabama Power Company, filed this derivative action on behalf of the nominal defendant, Alabama Power Company, alleging that the individually named defendants engaged in the following acts which injured the Company and shareholders:

1) the transfer of the plaintiff from a position of supervisory responsibility to a non-supervisory position;

2) the...

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