Plaintiff, a consultant broker, was retained by defendant Oral Research Laboratories (Oral), a closely held corporation, to promote the sale of its mouthwash product called Plax. Plaintiff's compensation was to be determined pursuant to a formula necessitating the valuation of defendant company's stock on a certain date, the value to be determined by the Directors in good faith.
Plaintiff alleges that the Directors failed to value the stock fairly and honestly, as...
Let's get started
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.
