BERGER v. INTELIDENT SOLUTIONS, INC.

C.A. No. 1527-N.

911 A.2d 1164 (2006)

Stephen M. BERGER, Plaintiff, v. INTELIDENT SOLUTIONS, INC., and Diasti Family Limited Partnership, Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: October 12, 2006.


Attorney(s) appearing for the Case

Ronald A. Brown, Jr., Prickett, Jones & Elliott, P.A., Wilmington, DE, for the Plaintiff.

Michael R. Laskowski, Matt Neiderman, Duane Morris, LLP, Wilmington, DE; Stewart D. Aaron, Veronica E. Rendon, J. Alex Brophy, Arnold & Porter, LLP, New York City, for the Defendants.


OPINION

LAMB, Vice Chancellor.

A former minority stockholder in a Florida corporation brings this suit for breach of fiduciary duty in connection with a freeze-out merger accomplished under Florida law. The corporate defendants move to dismiss the complaint for failure to state a claim upon which relief can be granted, arguing, inter alia, that an action for appraisal is the stockholder's only remedy under Florida statutory law. The defendants...

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