Two shareholders of Bruce Company, Harry and Yolan Gilbert, were fighting management for control of the company. They asked for permission to inspect Bruce’s stockholder list so that they could either...

Two shareholders of Bruce Company, Harry and Yolan Gilbert, were fighting management for control of the company. They asked for permission to inspect Bruce’s stockholder list so that they could either solicit support for their slate of directors at the upcoming stockholders’ meeting, or attempt to buy additional stock from other stockholders, or both. Bruce’s board refused to allow the Gilberts to see the shareholder list on the grounds that the Gilberts owned another corporation that competed with Bruce. Do the Gilberts have the right to see Bruce’s shareholder list?