Legal Opinion
Fed. Sec. L. Rep. P 97,451 Jerry Krim, on Behalf of Himself and All Others Similarly Situated v. Banctexas Group, Inc., Banctexas Group, Inc.
Court of Appeals for the Fifth Circuit
Decided May 12, 1993No. 92-1208PublishedCited by 276 opinions
1Opinion of the Court
GOLDBERG, Circuit Judge:
On July 31, 1987, Jerry Krim purchased 100 shares of common stock in BancTexas Group, Inc. (“BTX”), a company which was in the process of restructuring after significant financial reversals. . Krim maintains that his decision to invest in BTX was made in reliance upon a BTX prospectus dated May 13, 1987. The prospectus described in some detail BTX’s recent financial reversals and warned that investment in BTX was suitable only for persons who could tolerate a high degree of risk. The prospectus disclosed that it was likely that BTX would continue to lose money in the…
2Cases cited44 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
39 more not listed; retrieve them via the Exa API.
3Cited by276 opinions
- Forsyth v. BarrCourt of Appeals for the Fifth Circuit · 1994
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Rosenzweig v. Azurix Corp.Court of Appeals for the Fifth Circuit · 2003
- Johnson v. Deep East Texas Regional Narcotics Trafficking Task ForceCourt of Appeals for the Fifth Circuit · 2004
- Rommie STULTS and Stephen Wallace, Plaintiffs-Appellants, v. CONOCO, INC. and Brad Burmaster, Defendants-AppelleesCourt of Appeals for the Fifth Circuit · 1996
271 more not listed; retrieve them via the Exa API.