Legal Opinion
Pier 1 Imports of Georgia, Inc. v. Wilson
District Court, N.D. Texas
Decided December 15, 1981No. Civ. A. CA-3-80-0422-D (Consolidated)PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION
ROBERT M. HILL, District Judge.
Came on for consideration this action brought by Plaintiff Harry Lewis (Lewis) against Defendant Rayland O. Wilson (Wilson) for the recovery of short-swing profits allegedly obtained in violation of Section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b). Lewis is a shareholder of Pirvest, Inc., (Pirvest) and filed this suit on its behalf. Wilson does not deny that he profited from his purchase and sale of common stock within the statutory six month period, but contends that his actions fall within an exception to the strict…
2Cases cited11 opinions
- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
- Reliance Electric Co. v. Emerson Electric Co.Supreme Court of the United States · 1972
- Margot Newmark v. Rko General, Inc., and Frontier Airlines, Inc.Court of Appeals for the Second Circuit · 1970
- Western Auto Supply Company and Beneficial Finance Co. v. Gamble-Skogmo, Inc.Court of Appeals for the Eighth Circuit · 1965
- Gold v. SloanCourt of Appeals for the Fourth Circuit · 1973
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3Cited by3 opinions
- David Colan, and Unocal Corporation v. Mesa Petroleum Co., David Colan, and Unocal Corporation v. Mesa Petroleum Co.Court of Appeals for the Ninth Circuit · 1991
- Winston v. Federal Express Corp.District Court, W.D. Tennessee · 1987
- David Colan, and Unocal Corporation v. Mesa Petroleum Co., David Colan, and Unocal Corporation v. Mesa Petroleum Co.Court of Appeals for the Ninth Circuit · 1991