Posts tagged "Stone"

Stone v. Remillard (Lawyers Weekly No. 09-014-17)

1 COMMONWEALTH OF MASSACHUSETTS SUFFOLK, so SUPERIOR COURT CIVIL ACTION NO. 2017-02864 BLS 2 ERIC STONE, derivatively on behalf of TWIN COAST METROLOGY, INC. Plaintiff vs. JASON REMILLARD, Defendant And TWIN COAST METROLOGY, INC., Nominal Defendant MEMORANDUM OF DECISION AND ORDER ON PLAINTIFF’S MOTION FOR PRELIMINARY INJUNCTION This is a shareholder derivative action brought on behalf of Twin Coast Metrology (TCM or the Company). Plaintiff Eric Stone is the President of TCM. At least until April of this year, the defendant Jason Remillard was its Treasurer. Stone and Remillard each hold a fifty percent interest in the Company. The lawsuit alleges that Remillard has engaged in various acts constituting breach of his fiduciary obligations, including siphoning off TCM funds, making unauthorized payments, negotiating with third parties to sell TCM without Stone’s knowledge, disclosing proprietary information, and exercising control over TCM assets in a way that has made it impossible for the plaintiff to operate and manage the Company. The case is now before the Court on the plaintiff’s Motion for Preliminary Injunction. The request asks first that Remillard return TCM assets consisting of various accounts over which he maintains exclusive administrative privileges. Second, the Motion asks that Remillard be enjoined from communicating with others regarding TCM proprietary and 2 confidential information or from otherwise holding himself out as a representative of TCM. At the second day of hearing on this Motion, the plaintiff made additional requests, based on testimony from the defendant presented at the first day of hearing. To prevail on his motion, the plaintiff bears the burden of demonstrating that: 1) he is reasonably likely to succeed on the merits of his claims; and 2) he will suffer irreparable harm if the injunction is denied that outweighs any harm to the defendant in the injunction issues. Packaging Industries v. Cheney, 380 Mass. 609, 616-617 (1980). This Court concludes that the plaintiff has satisfied his burden and that an injunction should issue, pending further order. In determining whether plaintiff has shown a reasonable likelihood of success on the merits, the Court reviewed the Verified Complaint, which includes thirty exhibits. The Court on September 22, 2017 also heard a full day of testimony from the defendant, who essentially admitted to most of the acts outlined in the Verified Complaint that form the basis for plaintiff’s claim that Remillard breached his fiduciary duties. Because of counsel’s and the Court’s schedules, this Court was unable to continue the hearing to the following week, but gave defense counsel the opportunity to make an offer of proof on September 25, 2017 as to what additional evidence he intends to present once the hearing resumes. This Court has also considered the defendant’s affidavit. Based on […]

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Posted by Massachusetts Legal Resources - October 5, 2017 at 2:13 am

Categories: News   Tags: , , , ,

South End CVS Not Selling Rolling Stone with Alleged Bomber on Cover

By: Susan Manning Stirring controversy on Facebook and other online outlets, Rolling Stone magazine's cover on the edition which releases Friday, is a photo of Boston Marathon Bombing Suspect Dzhokhar Tsarnaev. Once place you won&# South End Patch News

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Posted by Massachusetts Legal Resources - July 17, 2013 at 8:48 pm

Categories: Arrests   Tags: , , , , , ,

Boston Politicians Respond to Controversial Rolling Stone Cover

By: David Ertischeck The Rolling Stone magazine cover this week features the Bosto South End Patch News

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Posted by Massachusetts Legal Resources - July 17, 2013 at 7:17 pm

Categories: Arrests   Tags: , , , , , ,

Things to Know in the South End, June 11: Filmmaker Alice Stone at Library

1. Weather: The National Weather Service is predicting a rainy day, with a high near 68 degrees. Chance of precipitation is 80 percent.  2. South End Writes: Filmmaker Alice Stone will be speaking at the South End library at 6:30 p.m. tonight. Her most recent documentary, Angelo Unwritten, has followed the life of a teenager adopted out of foster care when he was twelve. She will give an update of new material gathered since December 2011. See here for more information.  3. Acupuncture: Pathways to Wellness (1601 Washington St.) has launched a new set of community acupuncture classes. Patients undergo a group treatment with a sliding scale payment of $ 25 to $ 45 per hour. See here for more information.  4. Donations Needed: Planet Self Storage, (33 Traveler St.) is seeking donations of used cell phones to be given for soldiers. Drop off your old cell phone at the front desk, and they will donate them for you. See here for more information.  5. Add your events: Do you have a great event coming up at your organization or business? If it’s happening right here in the South End, add it to the Events Calendar! I feature great events every single day in the daily email update, on the homepage and on social media, so add yours to the mix and help get the word out to South Enders about what’s happening in their neighborhood. Click here to add an event.  Things you can do every day on South End Patch: Share your news with the rest of the community. Click here to add an announcement.  Add your events to our events calendar. Click here to sign up for breaking news updates. Want up-to-the-minute news? Click here to follow us on Facebook or Twitter.  Share your thoughts on your community in a blog. Click here to get started. South End Patch

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Posted by Massachusetts Legal Resources - June 11, 2013 at 12:48 pm

Categories: Arrests   Tags: , , , , , , ,