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BROWN v. FERRO CORP.

No. 84-3102.

763 F.2d 798 (1985)

Ann BROWN, Plaintiff-Appellant, v. FERRO CORP., et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided June 7, 1985.

Attorney(s) appearing for the Case

Isaac Schulz, Rosenzweig, Schulz & Gillombardo Co., L.P.A., Cleveland, Ohio, Lawrence A. Sucharow, Jonathan M. Plasse (argued), Goodkind, Wechler & Labaton, New York City, for plaintiff-appellant.

Phillip A. Contreras, James A. Smith (argued), James P. Murphy, George Von Mehren, Squire, Sanders & Dempsey, Cleveland, Ohio, for defendants-appellees.

Before MERRITT and WELLFORD, Circuit Judges, and GILMORE, District Judge.

GILMORE, District Judge.

This is an appeal in a stockholder's derivative suit from a district court decision dismissing the suit without prejudice for lack of ripeness and failure to show that the corporation has suffered actual damages as a result of the adoption of a severance agreement program. For the following reasons, the district court is affirmed.

I

Plaintiff is the owner of ten shares of common...

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