Legal Opinion

Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement Corporation

Court of Appeals for the Second Circuit

Decided October 31, 1974No. 1009, Docket 73-2677PublishedCited by 435 opinions

1Opinion of the Court

OAKES, Circuit Judge:

This appeal is from a judgment dismissing a complaint for failure to state a claim upon which relief may be granted under Fed.R.Civ.P. 12(b)(6). The action is one for damages for alleged violations of the federal securities laws,1 brought by a minority shareholder2 of Continental Steel Corporation (Continental), an Indiana corporation listed on the New York Stock Exchange (NYSE). The alleged violations arose in connection with a merger of Continental into a wholly owned subsidiary of defendant Penn-Dixie Cement Corporation (Penn-Dixie), also listed on the NYSE.

The…

2Cases cited39 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  3. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  4. J. I. Case Co. v. BorakSupreme Court of the United States · 1964
  5. Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971

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3Cited by435 opinions

  1. Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
  2. Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
  3. Loreley Financing (Jersey) No. 3 Ltd. v. Wells Fargo Securities, LLCCourt of Appeals for the Second Circuit · 2015
  4. Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
  5. Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991

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