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YUSPEH v. KOCH

No. 02-CA-698.

840 So.2d 41 (2003)

Charles YUSPEH, Julie Y. Benson, Joel Y. Ashner and Wallace Murphy v. Hansen E. KOCH, David E. Koch, Certified Security Systems, Inc., CSS Acquisition, L.L.C., and Michael Ditcharo.

Court of Appeal of Louisiana, Fifth Circuit.

As Amended on Limited Grant of Rehearing March 24, 2003.

Attorney(s) appearing for the Case

Michael H. Rubin, Juston M. O'Brien, McGlinchey Stafford, PLLC, Baton Rouge, LA, and Harry Rosenberg, Phelps Dunbar, L.L.P., New Orleans, LA, and William W. Hall, William W. Wall & Associates, Metairie, LA, for Defendant/Appellants, Hansen E. Koch and David E. Koch.

Lynn H. Frank, Joseph R. Ward, Jr., Ward, Nelson LLC, New Orleans, LA, for Plaintiff/Appellees Charles Yuspeh, Julie Y. Benson, and Joel Y. Ashner.

Keith R. Credo, and William C. Credo, III, Metairie, LA, for Plaintiff/Appellee, Wallace Murphy.

Panel composed of Judges JAMES L. CANNELLA, THOMAS F. DALEY, and CLARENCE E. McMANUS.

THOMAS F. DALEY, Judge.

Defendants, Hansen and David Koch, appeal a jury verdict in favor of plaintiffs, Charles Yuspeh, Wallace Murphy, and other minority shareholders in Certified Security Systems, Inc. (CSS), a closely held corporation in the commercial and home alarm system business. The plaintiff minority shareholders sued the Koch brothers, the majority shareholders, for the value of plaintiffs' stock in CSS, following a cash out or "freeze out" merger that...

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