STAAR SURGICAL CO. v. WAGGONER


588 A.2d 1130 (1991)

STAAR SURGICAL COMPANY, Defendant Below, Appellant, v. Thomas R. WAGGONER and Patricia L. Waggoner, Plaintiffs Below, Appellees.

Supreme Court of Delaware.

Decided: April 8, 1991.

Rehearing Denied April 29, 1991.


Attorney(s) appearing for the Case

David C. McBride (argued), Josy W. Ingersoll, Bruce L. Silverstein and Vincent J.X. Hedrick, II of Young, Conaway, Stargatt & Taylor, Wilmington, Todd E. Gordinier, Elizabeth W. Sachs and Joel F. McIntyre, of Paul, Hastings, Janofsky & Walker, Los Angeles, Cal., of counsel, for appellant.

Lawrence A. Hamermesh (argued), and Alan J. Stone of Morris, Nichols, Arsht & Tunnell, Wilmington, Frederick R. Dettmer and Thomas Fenerty of LeBoeuf, Lamb, Leiby & MacRae, New York City, of counsel, for appellees.

Before CHRISTIE, C.J., MOORE and HOLLAND, JJ.


MOORE, Justice.

In this latest dispute between the parties we determine the validity of two million shares of STAAR Surgical Company ("STAAR") common stock issued to STAAR's former President and CEO, Thomas R. Waggoner and his wife, Patricia Waggoner ("Waggoner" or "Waggoners"). This is a continuation of the controversy between Waggoner and STAAR. We have already ruled that a provision of the preferred stock STAAR issued...

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