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Walnut Private Equity Fund, L.P. et al v. Argo Tea, Inc. et al
Case Number:
1:11-cv-00770
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
-
May 18, 2012
Argo Tea Investor Abandons Scuffle Over Share Sale
Walnut Private Equity Fund LP on Thursday dropped its suit in Ohio federal court aimed at derailing Argo Tea Inc.'s plan to sell common shares, a move the investor alleged would improperly eliminate its special rights as a $3.65 million preferred shareholder in the company.
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November 01, 2011
Fight Over Argo Tea Share Sale Lands In Federal Court
Walnut Private Equity Fund LP's suit seeking to block Argo Tea Inc.'s plan to sell common shares was removed Monday to Ohio federal court by the tea company, which said Walnut's $3.65 million preferred share stake exceeds the limit for state court.