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State Courts -
Massachusetts - March 1 - March 3, 2007
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Abate v. Naymie, Opinion No.: 97363, Docket Number: 06-5118 BLS1,
SUPERIOR COURT OF MASSACHUSETTS, AT SUFFOLK, March 1, 2007, Decided
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Overview: Superior court directed the president of a corporation to permit, facilitate, cooperate with and not obstruct the inspection and copying by two corporate directors and their agents of books, records, and documents of the corporation because the inspection which the president permitted was inadequate under Mass. Gen. Laws ch. 156D, § 16.05.
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Feldman v. Aspen Tech., Inc., Opinion No.: 97749, Docket Number: SUCV2006-3021 BLS2,
SUPERIOR COURT OF MASSACHUSETTS, AT SUFFOLK, March 3, 2007, Filed
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Overview: Plaintiff who sold his consulting business for restricted stock stated a sufficient claim for relief for fraud under Mass. Gen. Laws ch. 110A, § 410, and was not exempt from State securities law under Mass. Gen. Laws ch. 110A. § 401. Scienter was not a necessary element of proof under Massachusetts law.
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