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Robertshaw v. Pudles

United States District Court, Third Circuit

August 5, 2013

BARBARA ROBERTSHAW
v.
GARY PUDLES, et al.

ORDER

THOMAS N. O'NEILL, Jr., District Judge.

AND NOW this 5th day of August, 2013, following a bench trial and upon consideration of the parties' post-trial briefs (Dkt. Nos. 164, 165, 166 and 167) and oral argument, and consistent with the accompanying findings of fact and conclusions of law, it is ORDERED that:

1) JUDGMENT is entered in favor of plaintiff Barbara Robertshaw and against defendant Gary Pudles and Answernet with respect to Robertshaws request for declaratory relief (identified as "Count VI" in the Amended Complaint but really the seventh claim in the Amended Complaint) and I issue the following declarations:
a. the November 28, 2011 Special Meeting of the Shareholders of Answernet, Inc., and all votes taken at that meeting are void;
b. the December 15, 2011 Annual Meeting of the Shareholders of Answernet, Inc., and all votes taken at that meeting are void;
c. Cerida Investment Corp. does not possess the 12, 704 shares of Answernet, Inc., that Gary Pudles and Betty Babjak claimed Cerida received as a result of an alleged assignment and exercise of the Waterside warrants;
d. Cerida Investment Corp. does not possess the 18, 148.02 shares of Answernet, Inc., that Gary Pudles and Betty Babjak claimed Cerida received as a result of an alleged assignment and exercise of the Progress Capital warrants;
e. Cerida Investment Corp. does not possess the 27, 493.3 shares of Answernet, Inc., that Gary Pudles and Betty Babjak claimed Cerida received as a result of an alleged assignment and exercise of the BF/PC warrants;
f. Gary Pudles does not possess the 3, 959.3 shares of Answernet, Inc., that Gary Pudles and Betty Babjak claimed Pudles received as a result of an alleged assignment and exercise of the Michael Pudles warrants;
g. the total of shares of Answernet, Inc., held by Barbara Robertshaw and Executel, Inc., constitute a majority of the issued and outstanding shares of the company;
h. Barbara Robertshaw and Executel, Inc., may at any time call a Special Meeting of the Shareholders in order to elect new corporate officers and to take all other actions permitted by law and the By-Laws.
2) JUDGMENT is entered in favor of defendant Gary Pudles and against plaintiff Barbara Robertshaw with respect to the breach of contract claim (identified as "Count I" in the Amended Complaint).
3) JUDGMENT is entered in favor of defendant Gary Pudles and against plaintiff Barbara Robertshaw with respect to the common law fraud claim (identified as "Count IV" in the Amended Complaint) and the breach of fiduciary duty claim (identified as "Count II" in the Amended Complaint).
4) JUDGMENT is entered in favor of defendant Betty Babjak and against plaintiff Barbara Robertshaw with respect to the common law fraud claim (also identified as "Count IV" in the Amended Complaint but really the fifth claim) and the breach of fiduciary ...

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