More Court Cases... Self dealing: Linton

Business Valuation UpdateVol. 3 No. 11
Legal and Court Case Update
November 1997
6712 Offices of Bank Holding Companies
551111 Offices of Bank Holding Companies

Linton v. Everett
1997 Del. Ch. LEXIS 117
July 31, 1997
State Court
Court of Chancery
William H. Master (for defendants)


Plaintiffs allege that the directors of Security Investments Group, issued stock to themselves in an unfair, self dealing transaction. Plaintiffs also allege that the directors, after failin ...

See Also

Linton v. Everett

At issue is the plaintiffs' claim that the directors' issuance of the 270,000 shares to themselves is invalid and plaintiffs' claim that the thirty days' notice of the September 17, 1996 stock was inequitable.