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1
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SHAREHOLDERS CLASS ACTION COMPLAINT
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EXTRACTED KEY WORDS
DEFENDANTS PLAINTIFF GARCIA MEMBERS COMMON STOCK SHAREHOLDERS STOCKHOLDERS CONTROL COMPLAINT ACQUISITION SHARES TRANSACTION LAW UNFAIR PRICE PROPER DUTIES ADEQUATE SULLIVAN DEFENDANT ERNEST COUNSEL PROPOSED ACQUISITION MARKET OUTSTANDING HIGHEST OBLIGATIONS FIDUCIARY RELATIONSHIP OWE FAITH FAIR DEALING |
IN THE COURT OF CHANCERY IN THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
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THOMAS TURBERG, c -1
Plaintiff,
-against-
UGLY DUCKLING CORP.,
GREGO:RY B. SULLIVAN, FRANK P.
WILLEY, JOHN M. MACDONOUGH,
CHRISTOPHER D. JENNINGS, and
ERNEST C. GARCIA II,
Defendants.
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SHAREtHOLDER'S CLASS ACTION COMPLAINT
Plaintiff, by his attorneys, for his complaint against defendants, alleges upon
persona.1 knowledge with respect to paragraph 2, and upon information and belief based, m&r
a& upon the investigation of counsel, as to all other allegations herein, as follows:
NATURE OF THE ACTION
1. This is a stockholders' class action on behalf of the public
Ugly Duckling Corp. ("Ugly Duckling" or the "Company") to enjoin the proposed acquisition of
the publicly owned shares of Ugly Duckling's common stock by its controlling shareholder,
defendant Ernest C. Garcia II.
THE PARTIES
2. Plaintiff has been the owner of the common stock of the Company since
prior to the transaction herein complained of and continuously to date.
3. Defendant Ugly Duckling is a corporation duly organized and existing
under the laws of the State of Delaware. Ugly Duckling, is the largest chain of buy here-pay
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