United States First Circuit
HERSHEY v. DONALDSON, LUFKIN & JENRETTE SECS. CORP., 02-1316
Claims of breach of fiduciary duty under Ohio law arising from the sale of a corporation are rejected where 1) facts cannot support an assertion of some special trust in a CEO, and 2) a controlling shareholder has not demonstrated any personal injury suffered.
Appellate Information
- Decided 01/17/2003
- Published 01/17/2003
Judges
- TORRUELLA, Circuit Judge., Before BOUDIN, Chief Judge, TORRUELLA and LIPEZ, Circuit Judges.
Court
- United States First Circuit
Counsel
- For Appellant:
- John D. Hanify, with whom Kathleen E. Cross, David C. Kravitz, and Hanify & King, were on brief, for appellant.
- For Appellees:
- John J. Curtin, Jr., with whom Timothy P. Burke, Alicia L. Downey, and Bingham McCutchen LLP, were on brief, for appellees.