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ROSEMANN v. ROTO-DIE, INC.

No. 03-2158.

377 F.3d 897 (2004)

Phillip L. ROSEMANN, Plaintiff — Appellant, v. ROTO-DIE, INC., Defendant — Appellee.

United States Court of Appeals, Eighth Circuit.

Filed: July 29, 2004.

Attorney(s) appearing for the Case

John S. Sandberg, argued, St. Louis, MO (Jeffrey L. Dunn and Timothy C. Sansone, on the brief), for appellant.

James D. Bass, argued, St. Louis, MO, for appellee.

Before LOKEN, Chief Judge, BOWMAN and WOLLMAN, Circuit Judges.

LOKEN, Chief Judge.

Philip Rosemann is a minority shareholder in Roto-Die, Inc., a closely held corporation. Rosemann and other family members entered into a Stock Redemption Agreement in 1978, when Rosemann received his initial Roto-Die shares by gift from his father. When a dispute arose concerning the redemption price under that Agreement, Rosemann commenced this diversity action, alleging that he tendered twenty shares of stock and Roto-Die "breached the Stock...

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