Search for: "Solutia, Inc. v. FMC Corporation"
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2 Mar 2011, 4:09 am
Thus, "[u]nder New York law, 'an individual shareholder has no right to bring an action in his own name and in his own behalf for a wrong committed against the corporation, even though the particular wrong may have resulted in a deprecation or destruction of the value of his corporate stock.'" Solutia Inc. v. [read post]