Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
Charles Lazarus (D) had been chairman of the board, director and CEO of Toys-R-Us since 1978. In June of 1987, Mrs. Lazarus sold 19,000 shares from her own account of Toys-R-Us stock at approximately $35 per share. In October of 1987, D exercised stock options to buy 1,442,706 shares of Toys-R-Us stock at $0.96 per share.
Issues
The legal issues presented in this case will be displayed here.
Holding & Decision
The court's holding and decision will be displayed here.
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
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