Burman v. Phoenix Worldwide Industries, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that “allegations of failure to secure revenue represent injury to the corporation as a whole, as opposed to an individual shareholder,” and therefore “they are clearly claims that must be alleged in a shareholder derivative suit.”
• finding that “approximate dates” for some misrepresentations were sufficient

Source: CourtListener parenthetical corpus (CC0).