Question: Six members of the Weston family who owned 6 8 percent

Six members of the Weston family, who owned 6.8 percent of the stock of Weston Paper and Manufacturing Company, brought suit against three corporate directors and CFIS, a firm hired by the company to make the annual evaluation of the company's stock for allocating stock options to its employees. The Westons stated that their claims against the defendants were personal claims, alleging that they were injured by CFIS and the three directors who kept the price of the stock low to obtain more shares of stock through the stock option plan. From an adverse ruling on their right to maintain a direct action against the directors, the Westons appealed. How would you decide this case? [Weston v. Weston Paper and Manufacturing Co., 74 Ohio 377]

Sale on SolutionInn
  • CreatedJune 06, 2014
  • Files Included
Post your question