Keyword Search: Corporations
Argument: October 2010
Question Presented: Whether a retaliation claim may lie under c. 151B where the employee was terminated three years before the employer’s alleged retaliatory action; whether board members may be liable for tortious interference with their own corporation’s contract.
Facts: Plaintiff Psy-Ed, a magazine publisher, employed defendant Kimberly Schive in its Boston office from 1993 to 1996. In 1996 Psy-Ed closed the Boston office and fired most employees. Schive, who …
Argument: May 4, 2010
Question Presented: Whether a shareholder derivative suit must be dismissed if the board of directors determines in good faith after the suit was filed that it is not in the best interests of the corporation.
Facts: The plaintiff, Halebian, is a shareholder in a mutual fund managed by the defendant CitiTrust. CitiTrust had contracts with another Citigroup subsidiary for asset management. In 2005, Citigroup sold the …