Demoulas v. Demoulas

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December 22, 1998

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5411 Grocery Stores
445110 Supermarkets and Other Grocery Retailers (except Convenience Retailers)
breach of fiduciary duty
fair value, breach of fiduciary duty, fair market value (FMV), fraud
Demoulas v. Demoulas
424 Mass. 501, 677 N.E.2d 159, 1997 Mass. LEXIS 66
US
State Court
Massachusetts
Supreme Court
Wilkins, Abrams, Lynch, Greaney, Fried, Marshall

Summary

At issue is the admittance of expert testimony.

See Also

'Fair Value' Relevant to Fiduciaries' Liability for Breach of Duty

Legal and Court Case Update
February 1999

Plaintiffs filed this shareholder derivative action seeking damages against defendant Telemachus Demoulas for fraud, conversion, and breach of fiduciary duty arising out of his conduct as co-executor of the estate of George Demoulas.