(Download) "Charney v. Thomas" by United States Court Of Appeals For The Sixth Circuit # Book PDF Kindle ePub Free
eBook details
- Title: Charney v. Thomas
- Author : United States Court Of Appeals For The Sixth Circuit
- Release Date : January 17, 1967
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 53 KB
Description
In August, 1959, the plaintiffs purchased 78,000 shares of common stock in the Clinton Engines Corporation, a Michigan corporation, from the defendants. Shortly thereafter plaintiffs added to their Clinton holdings by purchasing approximately 21,000 additional shares on the open market. These purchases followed a protracted period of financial investigation and negotiations during which the defendants, who were operating officers of the corporation as well as controlling shareholders, delivered financial statements of the corporation to the plaintiffs and discussed the potential profitability of its future business.