FISCHBEIN v. BEITZEL


281 A.D.2d 167 (2001)

721 N.Y.S.2d 515

PAMELA J. FISCHBEIN, Appellant, v. GEORGE B. BEITZEL et al., Respondents.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided March 1, 2001.


In this challenge to the merger between Bankers Trust and Deutsche Bank, plaintiff, a stockholder of Bankers Trust, has alleged that Deutsche Bank acquired Bankers Trust at a price unfairly depressed at the stockholders' expense by excessive compensation and bonus arrangements provided by the Bankers Trust Board of Directors to certain bank directors and employees. These allegations, however, set forth "a wrong to the corporation only, for which a shareholder may sue derivatively...

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