H. M. Greenspun v. Del E. Webb Corporation, Etc.

U.S. Court of Appeals, Ninth Circuit · Decided 1980-12-29

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FERGUSON, Circuit Judge: Shareholder Greenspun brought a derivative suit against the Del E. Webb Corporation, its directors, and its auditors, Peat, Marwick, Mitchell Co. The district court *1206 granted motions to dismiss in favor of all defendants on the grounds that: (1) the Nevada long-…

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