Question
Jen and Vince, previously engaged to be married, were the sole shareholders of StarsCorp, Inc., and each owned 50% of the stock. Jens father, long
Jen and Vince, previously engaged to be married, were the sole shareholders of StarsCorp, Inc., and each owned 50% of the stock. Jens father, long suspected to have ties to organized crime, says he has heard rumors that Jimmy Hoffa, a labor union leader who is famous for his disappearance, maybe buried under StarsCorps facility. This would make the property an excellent location for the planned Hoffa Museum, thus increasing the property and stock value greatly. Jen did not tell Vince, because she considered the tip to be dirty money. Subsequently, she and Vince canceled their engagement. Because they did not want to work together, Jen bought out Vinces shares without disclosing the information.
Can Vince sue Jen or the corporation? If so, please explain the grounds on which Vince can sue and assess the merits of Vinces potential claims?
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