Molecular Technology Corp. v. Valentine
Court of Appeals for the Sixth Circuit
1Opinion of the Court
SUHRHEINRICH, Circuit Judge.
This appeal arises out of a securities litigation case brought by purchasers of convertible debentures issued by SDE Robotics and Automation Company (“SDE”) in 1983 for losses suffered as a result of SDE’s April 1984 bankruptcy. The purchasers, Molecular Technology Corporation (“MoTech”), Michael May, and Jafar Beh-behani, alleged, inter alia, violations of federal securities laws, 15 U.S.C. § 78j(b) and 17 C.F.R. § 240.10b-5 (“section 10(b)/rule 10b-5”), Michigan securities laws, Mich.Comp.Laws §§ 451.501-818 (Michigan’s “Blue Sky” law), and state common law…
2Cases cited37 opinions
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- United States v. Darryl Lamont JohnsonCourt of Appeals for the Seventh Circuit · 2000
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