Polar International Brokerage Corp. v. Reeve

Business Valuation Update BVLaw
Legal and Court Case Update
May 17, 1999
6211 Security Brokers, Dealers, and Flotation Companies
523110 Investment Banking and Securities Dealing
breach of fiduciary duty
breach of fiduciary duty

Polar International Brokerage Corp. v. Reeve
1999 U.S. Dist. LEXIS 7223
US
Federal Court
New York
United States District Court
Scheindlin

Summary

In this case, the court is asked to approve a class-action settlement agreement between the class of plaintiffs, shareholders of a corporation, and the defendants, the officers and directors of the corporation.

See Also

Polar International Brokerage Corp. v. Reeve

At issue is breach of fiduciary duties to shareholders.