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SHEARIN v. E.F. HUTTON GROUP, INC.

Civ. A. No. 9861.

652 A.2d 578 (1994)

K. Kay SHEARIN, Plaintiff, v. The E.F. HUTTON GROUP, INC., a Delaware corporation, and E.F. Hutton & Company Inc., a Delaware corporation, and E.F. Hutton Trust Company, a Delaware corporation and, Shearson Lehman Hutton Inc., a Delaware corporation and, SLBP Merger Sub., Inc., a Delaware corporation, Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: June 7, 1994.

Revised: December 8, 1994.

Attorney(s) appearing for the Case

K. Kay Shearin, pro se plaintiff.

Anne C. Foster, Richards, Layton & Finger, Wilmington, for defendants.

OPINION

ALLEN, Chancellor.

Pending is a motion to dismiss the complaint and a cross motion to amend the complaint to add new matters. The litigation arises out of a course of action leading to the March 1986 firing of plaintiff from her position as Legal Counsel and Vice President of E.F. Hutton Trust Company ("Hutton Trust"), a Delaware limited purpose trust company chartered under Title 5 of the Delaware Code.

This suit was filed in April 1988...

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