green
Positive treatment
Quoted verbatim 2×
6.9 score
“a false prediction, however, may be actionable if the plaintiff establishes that the statements ... were not prepared in a reasonable manner or with a firm basis”
Treatment trajectory · 1981 → 2026 · click a year to view as-of
1981
2003
2026
Top citers, strongest first. 46 distinct citers.
How cited ↗
discussed
Cited "but see"
In Re Enron Corp.
But cf. Marbury Management, Inc. v. Kohn, 629 F.2d 705, 710 (2d Cir.1980), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 , L.Ed.2d 469 (1980) (holding that where a continuing fraud induces both purchase and retention of a security, a retention claim may be brought under section 10(b) and Rule 10b—5).
discussed
Cited "but see"
Edward J. DeBartolo Corp. v. Coopers & Lybrand
Citibank, NA v. K-H Corp., 968 F.2d 1489, 1495-96 (2d Cir.1992); Bastían, 892 F.2d at 682-86 ; Currie v. Cayman Resources Corp., 835 F£d 780, 785-86 (11th Cir.1988); Bennett v. United States Trust Co. of New York, 770 F.2d 308 (2d Cir.1985), cert, denied, 474 U.S. 1058 , 106 S.Ct. 800 , 88 L.Ed.2d 776 (1986); In re Catanella, 583 F.Supp. at 1414 ; Huddleston, 640 F.2d at 549 ; Schlick v. Penn-Dixie Cement Corp., 507 F.2d 374, 380-81 (2d Cir.1974), cert, denied, 421 U.S. 976 , 95 S.Ct. 1976 , 44 L.Ed.2d 467 (1975); but see Marbury Management, Inc. v. Kohn, 629 F.2d 705, 708-10 (2d Cir.), cert…
discussed
Cited "but see"
Fund of Funds, Ltd. v. Arthur Andersen & Co.
J.); but see Marbury Management, Inc. v. Kohn, 470 F.Supp. 509 , 514-15 n.9 (S.D.N.Y. 1979) (Gagliardi, D.J.) (no citation to either Kirshner or Wigand), modified on other grounds, 629 F.2d 705 (2d Cir.), cert, denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980); In re New York City Municipal Securities Litigation, 507 F.Supp. 169, 187 (S.D.N.Y. 1890) (Owen, D.J.) (no private right of action against municipal issuers under section 17); Eriksson v. Galvin, 484 F.Supp. 1108, 1127 (S.D.N.Y. 1980) (Tenney, D.J.) (no right of action under section 17 qualified by the holding that even if s…
discussed
Cited as authority (quoted)
In Re AnnTaylor Stores Securities Litigation
(2×)
also: Cited "see"
a false prediction, however, may be actionable if the plaintiff establishes that the statements ... were not prepared in a reasonable manner or with a firm basis
discussed
Cited "see"
Carpi v. McDonnell Douglas Capital Income Fund-I
See Piambino v. Bailey, 610 F.2d 1306, 1328 (5th Cir.) (district court not bound by agreement of parties as to amount of attorney’s fees in settlement of class action), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); 1 Derfner & Wolf, supra, ¶ 6.02, at 6-12.3.
discussed
Cited "see"
Cohen v. Citibank, N.A.
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 716 (2d Cir.) (suggesting that scienter is not an element of a Section 20(a) violation), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980); Morse v. Weingarten, 777 F.Supp. 312, 318 (S.D.N.Y.1991) (requiring scienter).
cited
Cited "see"
Pasternak v. Colonial Equities Corp.
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 708 (2d Cir.) (citing Restatement (Second) of Torts, Sec. 548A (1977)), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
cited
Cited "see"
In Re Colonial Ltd. Partnership Litigation
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 708 (2d Cir.) (citing Restatement (Second) of Torts, Sec. 548A (1977)), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
discussed
Cited "see"
Brooks v. State Board of Elections
See, Piambino v. Bailey, 610 F.2d 1306 (5th Cir.1980) cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 ; Hill v. Art Rice Realty Co., 66 F.R.D. 449 (N.D.Ala.1974) aff'd without opinion, 511 F.2d 1400 (5th Cir.1975).
discussed
Cited "see"
Carpi v. McDonnell Douglas Capital Income Fund-I
See Piambino v. Bailey, 610 F.2d 1306,1328 (5th Cir.) (district court not bound by agreement of parties as to amount of attorney’s fees in settlement of class action), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); 1 Derfner & Wolf, supra, ¶ 6.02, at 6-12.3.
discussed
Cited "see"
In RE McDONNELL DOUGLAS EQUIP. LEASING SEC. LIT.
See Piambino v. Bailey, 610 F.2d 1306, 1328 (5th Cir.) (district court not bound by agreement of parties as to amount of attorney's fees in settlement of class action), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); 1 Derfner & Wolf, supra, ¶ 6.02, at 6-12.3.
discussed
Cited "see"
Trief v. Dun & Bradstreet Corp.
See Piambino v. Bailey, 610 F.2d 1306, 1328 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); see also Jones v. Amalgamated Warbasse Houses, Inc., 721 F.2d 881, 884 (2d Cir.), cert. denied, 466 U.S. 944 , 104 S.Ct. 1929 , 80 L.Ed.2d 474 (1984); In re McDonnell Douglas Equip.
discussed
Cited "see"
In RE McDONNELL DOUGLAS EQUIP. LEASING SEC. LIT.
See Piambino v. Bailey, 610 F.2d 1306, 1328 (5th Cir.) (district court not bound by agreement of parties as to amount of attorney's fees in settlement of class action), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); 1 Derfner & Wolf, supra, ¶ 6.02, at 6-12.3.
discussed
Cited "see"
Chase Manhattan Bank, N.A. v. Fidata Corp.
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 708-09 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980); see also Manufacturers Hanover Trust Co. v. Drysdale Securities Corp., 801 F.2d 13, 21 (2d Cir.1986), cert. denied, 479 U.S. 1066 , 107 S.Ct. 952 , 93 L.Ed.2d 1001 (1987).
discussed
Cited "see"
Lazzaro v. Manber
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 710 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980) (complaint actionable where misrepresentations *363 relate to both the purchase and retention of securities); accord Connors v. Lexington, Ins.
cited
Cited "see"
Metzner v. D.H. Blair & Co.
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 711-12, 716 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
cited
Cited "see"
Terra Resources I v. Burgin
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 716 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
cited
Cited "see"
Zaro v. Mason
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 711-16 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
discussed
Cited "see"
Frota v. Prudential-Bache Securities, Inc.
See Marbury Mgmt., Inc. v. Kohn, 629 F.2d 705 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980); Moss v. Morgan Stanley Inc., 553 F.Supp. 1347, 1357 (S.D.N.Y.) (Pollack, J.), aff'd, 719 F.2d 5 (2d Cir.1983), cert. denied, 465 U.S. 1025 , 104 S.Ct. 1280 , 79 L.Ed.2d 684 (1984); see also Henricksen v. Henricksen, 640 F.2d 880, 884-85 (7th Cir.), cert denied, 454 U.S. 1097 , 102 S.Ct. 669 , 70 L.Ed.2d 637 (1981); Hecht v. Harris, Upham & Co., 430 F.2d 1202, 1210 (9th Cir.1970) (brokerage firm liable under section 20 for broker’s churning).
discussed
Cited "see"
Securities & Exchange Commission v. Tome
See Marbury Management, Inc. v. Kohn, *625 629 F.2d 705, 716 (2d Cir.) (holding the doctrine applicable to a 10b-5 claim against a broker trainee who had held himself out as a broker and had accounted to his employer for all buying and selling transactions in which he had engaged), cert, denied sub nom., Wood Walker & Co. v. Marbury Management Inc., 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980); Moss v. Morgan Stanley Inc., 553 F.Supp. 1347, 1356-57 (S.D.N.Y.) (holding the doctrine inapplicable to an insider trading case since the unauthorized trading was not within the scope of employ…
discussed
Cited "see"
Radol v. Thomas
See Jordan v. Global Natural Resources, Inc., 564 F.Supp. 59, 68 (S.D.Ohio 1983). 9 Similarly, although a corporation may be held vicariously liable to third parties for acts of directors and officers within their authority as representatives of the corporation, see, e.g., Marbury Management, Inc. v. Kohn, 629 F.2d 705 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980), such vicarious liability has been sparingly imposed, primarily on brokerage firms in dealings with customers because of the special duty owed by brokers to customers.
discussed
Cited "see"
Radol v. Thomas
See Jordan v. Global Natural Resources, Inc., 564 F.Supp. 59, 68 (S.D.Ohio 1983). 9 61 Similarly, although a corporation may be held vicariously liable to third parties for acts of directors and officers within their authority as representatives of the corporation, see, e.g., Marbury Management, Inc. v. Kohn, 629 F.2d 705 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980), such vicarious liability has been sparingly imposed, primarily on brokerage firms in dealings with customers because of the special duty owed by brokers to customers.
discussed
Cited "see"
In Re Baldwin-United Corporation (Single Premium Deferred Annuities Insurance Litigation) Alaska, Arizona, California, Colorado, Connecticut, Florida, Hawaii, Idaho, Illinois, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, Washington and Wisconsin, Maine Attorney General James E. Tierney, Intervenor-Appellant
See Piambino v. Bailey, 610 F.2d 1306, 1331 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980). 22 When a federal court has jurisdiction over its case in chief, as did the district court here, the All-Writs Act grants it ancillary jurisdiction to issue writs "necessary or appropriate in aid of" that jurisdiction.
cited
Cited "see"
In re Baldwin-United Corp.
See Piambino v. Bailey, 610 F.2d 1306, 1331 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980).
cited
Cited "see"
Kafton v. Baptist Park Nursing Center, Inc.
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 718-19 (2d Cir.) (Mes-kill, J., dissenting), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
discussed
Cited "see"
Bosio v. Norbay Securities, Inc.
See Jacobson, supra. Plaintiff’s reliance on Marbury Management, Inc. v. Kohn, 629 F.2d 705 (2d Cir.), cert. denied sub nom., Wood Walker & Co. v. Marbury Management, Inc., 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980), to support Nor-bay’s liability based on a respondeat superi- or theory is misplaced.
cited
Cited "see"
New Orleans Public Service, Inc. v. United Gas Pipe Line Company
See Piambino v. Bailey, 610 F.2d 1306, 1321 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); Howse v. S/V "Canada Goose I," 641 F.2d 317, 320-21 (5th Cir.1981).
cited
Cited "see"
New Orleans Public Service, Inc. v. United Gas Pipe Line Co.
See Piambino v. Bailey, 610 F.2d 1306, 1321 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); Howse v. S/V “Canada Goose I,” 641 F.2d 317, 320-21 (5th Cir.1981).
discussed
Cited "see"
In Re Catanella and EF Hutton and Co.
See Marbury Management, Inc. v. Kohn, 629 F.2d 705, 707-08 (2d Cir.1980), cert. denied, sub. nom., Wood Walker & Co. v. Marbury Management, Inc., 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980) (trainee represented himself as “licensed registered representative” and “portfolio management specialist”).
discussed
Cited "see"
Leff v. Cip Corp.
Finally, plaintiffs seek to hold AVP liable for the alleged misdeeds of Paul Ho-man (an officer and director of AVP and a director and Board Chairman of CIP) under the doctrine of “respondeat superior.” Some courts have refused to apply respondeat superior to securities law violations, e.g., Zweig v. Hearst Corp., 521 F.2d 1129 (9th Cir.), cert. denied, 423 U.S. 1025 , 96 S.Ct. 469 , 46 L.Ed.2d 399 (1975), but the doctrine can be applied with this Circuit, see Holloway v. Howerdd, supra, 536 F.2d at 694-95 ; accord, Marbury Management, Inc. v. Kohn, 629 F.2d 705 (2d Cir.), cert. denied, 44…
discussed
Cited "see"
Harry Martin, Zarnoff O. Samford and Martin Trailer Toters, Inc. v. Morgan Drive Away, Inc.
See Piambino v. Bailey, 610 F.2d 1306 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); Audio-Visual Marketing Corp. v. Omni Corp., 545 F.2d 715 (10th Cir. 1976); United States v. 936.71 Acres of Land, More or Less, in Brevard County, State of Florida, 418 F.2d 551 (5th Cir. 1969).
discussed
Cited "see, e.g."
Ray v. Mechel Bluestone, Inc.
“Under Rule 23(e) the district court acts as a fiduciary who must serve as a guardian of the rights of absent class members. [T]he court cannot accept a settlement that the proponents have not shown to be fair, reasonable and adequate.” Grunin v. International House of Pancakes, 513 F.2d 114, 123 (8th Cir.) (emphasis added), cert. denied, 423 U.S. 864 , 96 S.Ct. 124 , 46 L.Ed.2d 93 (1975); Malchman v. Davis, 706 F.2d 426, 433 (2d Cir.1983); Sala v. National RR Passenger Corp., 721 F.Supp. 80 (E.D.Pa.1989); see also Piambino v. Bailey, 610 F.2d 1306 (5th Cir.), cert. denied, 449 U.S. 1011 ,…
discussed
Cited "see, e.g."
In Re Parmalat Securities Litigation
Co. v. United States, 212 U.S. 481 , 29 S.Ct. 304 , 53 L.Ed. 613 (1909); see also, e.g., Marbury Mgmt., Inc. v. Kohn, 629 F.2d 705, 712-16 (2d Cir.), cert. denied, Wood Walker & Co. v. Marbury Mgmt., Inc., 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980); Global Crossing III, 2005 WL 2990646 , at *5.
cited
Cited "see, e.g."
City of Painesville v. Financial Montauk Financial, Corp.
See also Marburg Management Inc. v. Kohn, 629 F.2d 705, 716 (2nd Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
discussed
Cited "see, e.g."
Matter of Skinner Group, Inc.
Under Rule 23(e) the Court “acts as a fiduciary who must serve as a guardian of the rights of absent class members.” Grunin v. International House of Pancakes, 513 F.2d 114, 123 (8th Cir.), cert. denied, 423 U.S. 864 , 96 S.Ct. 124 , 46 L.Ed.2d 93 (1975); Malchman v. Davis, 706 F.2d 426, 433 (2d Cir.1983); Sala v. National RR Passenger Corp., 721 F.Supp. 80 (E.D.Pa.1989); see also Piambino v. Bailey, 610 F.2d 1306 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980).
discussed
Cited "see, e.g."
General Motors Corp. v. Bloyed
(2×)
See, e.g., Piambino v. Bailey, 610 F.2d 1306, 1328 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); In re General Motors Corp. Engine Interchange Litig., 594 F.2d at 1130 .
discussed
Cited "see, e.g."
In Re General Motors Corp. Pick-Up Truck Fuel Tank Products Liability Litigation
“Under Rule 23(e) the district court acts as a fiduciary who must serve as a guardian 'of the rights of absent class members.... [T]he court cannot accept a settlement that the proponents have not shown to be fair, reasonable and adequate.” Grunin v. International House of Pancakes, 513 F.2d 114, 123 (8th Cir.), cert. denied, 423 U.S. 864 , 96 S.Ct. 124 , 46 L.Ed.2d 93 (1975); Malchman v. Davis, 706 F.2d 426, 433 (2d Cir.1983); Sala v. National RR Passenger Corp., 721 F.Supp. 80 (E.D.Pa.1989); see also Piambino v. Bailey, 610 F.2d 1306 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 56…
discussed
Cited "see, e.g."
In Re General Motors Corporation Pick-Up Truck Fuel Tank Products Liability Litigation. Jack French, Robert M. West, Charles E. Merritt, Gary Blades, Dawn and Tracey Best, Gary and Jackie Barnes, Betty Marteny, John and Mary Southands, Edmund Berning, Dale W. Plummer, Edmund and Anneta Casey, John and Connie Yonki, Carl and Kathryn Corona, Dallas and Patricia Nelson, Mynard and Mildred Duncan, Kirby L. Stegman, Dewayne Anderson, Morris and Barbara Betzold, in No. 94-1064. Rudolph Jenkins, William D. Cunningham, Mather Johnson, Forrest Charles Ginn, Buren William Jones and Martin D. Parkman, in No. 94-1194. Parish of Jefferson, in No. 94-1195. The State of New York, in No. 94-1198. Elton Wilson, Individually, and Frank I. Owen, Individually and on Behalf of the Residents of the State of Alabama, in No. 94-1202. City of New York, in No. 94-1203. Betty Youngs, Barbara Phillips, Margaret Engel, Larry Swope, Robbin Maxwell and Center for Auto Safety, in No. 94-1207. Betty Youngs, Barbara Phillips, Margaret Engel, Larry Swope, Robbin Maxwell and Center for Auto Safety, in No. 94-1208. Commonwealth of Pennsylvania, Department of Transportation, in No. 94-1219
"Under Rule 23(e) the district court acts as a fiduciary who must serve as a guardian of the rights of absent class members.... [T]he court cannot accept a settlement that the proponents have not shown to be fair, reasonable and adequate." Grunin v. International House of Pancakes, 513 F.2d 114, 123 (8th Cir.), cert. denied, 423 U.S. 864 , 96 S.Ct. 124 , 46 L.Ed.2d 93 (1975); Malchman v. Davis, 706 F.2d 426, 433 (2d Cir.1983); Sala v. National RR Passenger Corp., 721 F.Supp. 80 (E.D.Pa.1989); see also Piambino v. Bailey, 610 F.2d 1306 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 6…
discussed
Cited "see, e.g."
Petruzzi's, Inc. v. Darling-Delaware Co., Inc.
See also Piambino v. Bailey, 610 F.2d 1306, 1329 (5th Cir. (settlement that required significant segment of class to relinquish rights as judgment creditors, thereby placing the judgment creditors on the same footing as other class members, disapproved), cert. denied, Piambino v. Sylva, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980); Holmes, supra, (allocation of 50% of the settlement fund to the named plaintiffs disapproved); Reynolds v. King, 790 F.Supp. 1101 (M.D.Ala.1990) (settlement providing disproportionate allocation of settlement fund to named plaintiffs disapproved).
discussed
Cited "see, e.g."
William Weinberger v. Great Northern Nekoosa Corp.
Such action may be necessary because the interests of the class members' attorneys may differ from the interests of the class members themselves.... [T]he court's power to approve or reject a settlement under Rule 23(e) enables the court to ensure fairness for the class members. 3B Moore's Federal Practice ¶1 23.91 at 23-533 to 23-534; see also Piambino v. Bailey (Piambino I), 610 F.2d 1306, 1328 (5th Cir.) (to minimize conflict between attorney and class, district court "must address" the issue of attorneys' fees before approving class action settlement), cert. denied, 449 U.S. 1011 , 101 S.…
discussed
Cited "see, e.g."
Fidelity Bank, National Ass'n v. Avrutick
See, e.g., Marbury Management, Inc. v. Kohn, 629 F.2d 705 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980), explained in Bennett v. United States Trust of N.Y., 770 F.2d 308, 314 (2d Cir.1985), cert. denied, 474 U.S. 1058 , 106 S.Ct. 800 , 88 L.Ed.2d 776 (1986) ("[Ajlthough the misrepresentation was not related to the intrinsic investment characteristics of the stock involved, it did directly relate to the investment quality of the stock because had the plaintiffs known that their 'broker' was a trainee who had no expertise, they would not have accepted his recomm…
discussed
Cited "see, e.g."
Bastian v. Petren Resources Corp.
See, e.g., Marbury Management Inc. v. Kohn, 629 F.2d 705 (2d Cir.) (trainee at brokerage firm fraudulently misrepresented himself as a “portfolio management specialist” and thereby persuaded plaintiffs to purchase highly speculative stocks), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
cited
Cited "see, e.g."
Behrens v. Wometco Enterprises, Inc.
See, e.g., Piambino v. Bailey, 610 F.2d 1306, 1328 (5th Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 568 , 66 L.Ed.2d 469 (1980).
discussed
Cited "see, e.g."
O'KEEFE v. Courtney
Compare e.g., Marbury Management, Inc. v. Kohn, 629 F.2d 705, 716 (2d Cir.), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980) (brokerage house liable as controlling person if it had the means to control principal violator’s conduct) with Sanders v. John Nuveen & Co., 524 F.2d 1064, 1072 (7th Cir. 1975), vacated on other grounds, 425 U.S. 929 , 96 S.Ct. 1659 , 48 L.Ed.2d 172 (1976) (control by virtue of stock ownership, absent showing of active management of principal violator, not enough to establish “controlling person" liability).
discussed
Cited "see, e.g."
Fed. Sec. L. Rep. P 91,922 James Bloor v. Carro, Spanbock, Londin, Rodman & Fass
See Mutual Shares Corp. v. Genesco, Inc., 384 F.2d 540, 546 (2d Cir.1967) (“corporate abuse and diversion” claims are not cognizable under securities laws; causal connection between any relevant acts by defendants and any damage suffered by plaintiffs “is slim indeed”); see also Marbury Management v. Kohn, 629 F.2d 705, 717 (2d Cir.) (Meskill, J., dissenting) (“[T]he injury averred must proceed directly from the wrong alleged and must not be attributable to some supervening cause.”), cert. denied, 449 U.S. 1011 , 101 S.Ct. 566 , 66 L.Ed.2d 469 (1980).
Retrieving the full opinion text from the archive…
Minye
v.
University of Michigan
v.
University of Michigan
No. 80-395.
Supreme Court of the United States.
Dec 1, 1980.
Published
Citer courts: S.D. Florida (1) · S.D. New York (1)
C. A. 6th Cir. Certiorari denied.