Supreme Court of Alabama July 7, 1995, 1930066 to 1930070 (Martin v. Drummond Co., Inc.)

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United States · · · 07-07-1995

The plaintiffs, former holders of stock in Alabama By-Products Corporation ("ABC"), appeal from a summary judgment for the defendants on the plaintiffs' claims that the defendants acquired their stock through coercion, fraud, or breach of fiduciary duty. The same claims were presented in a class action in the Delaware Chancery Court of New Castle County, Hynson v. Drummond Corp. (CV 7904, Del. Ch.

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