Katz v. Gerardi
Court of Appeals for the Tenth Circuit
1Opinion of the Court
TYMKOVICH, Circuit Judge.
This case requires us to consider whether a plaintiff can split potential legal claims against a defendant by bringing them in two different lawsuits. We conclude that related claims must be brought in a single cause of action, and the district court properly dismissed the claim-splitting plaintiffs here. We also consider whether an investor who was forced to sell his shares as the result of a merger has standing to sue as a purchaser of securities under the 1933 Act. We find the Act applies only to purchasers of securities and not to forced sales resulting from a…
2Cases cited18 opinions
- Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Brenda Curtis and Alvin Williamson v. Citibank, N.A., Citicorp North America, Inc. And Citicorp SecuritiesCourt of Appeals for the Second Circuit · 2000
- The Haytian RepublicSupreme Court of the United States · 1894
- Pelt v. UtahCourt of Appeals for the Tenth Circuit · 2008
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