Legal Opinion
In Re Equity Funding Corp. of America Securities Litigation
District Court, C.D. California
Decided January 23, 1976No. M.D.L. 142PublishedCited by 86 opinions
1Opinion of the Court
LUCAS, District Judge.
Opinion on Motions Directed to Complaint
The occasion for this opinion is resolution of many defendants’ motions directed to the sufficiency of the pleadings in this litigation. The litigation arises out of an alleged securities fraud perpetrated through Equity Funding Corporation of America (hereinafter “EFCA”) and its subsidiaries. 1 After more than eight years of public trading in EFCA securities, the S.E.C. suspended trading in the company’s securities on March 27, 1973. On April 2, 1973, reports describing the alleged fraud at EFCA were published in the press, and…
2Cases cited46 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Foman v. DavisSupreme Court of the United States · 1962
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Edelman v. JordanSupreme Court of the United States · 1974
- Van Dusen v. BarrackSupreme Court of the United States · 1964
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3Cited by86 opinions
- In Re Phenylpropanolamine (Ppa) Products Liability Litigation, Shantell Allen, on Behalf of Allen, Vera v. Bayer Corporation, Leon Anderson, Jr. v. Bayer Corporation, Leslie Ackel v. Bayer Corporation, Bridgett Arrington v. Bayer Corporation, Calvin McGriggs v. Delaco Company, Betty Clinton v. Delaco Company, Donna Sasseen v. Ide Interstate Inc., Elizabeth Page v. Bayer Corporation, Marie Riley v. Wyeth, Obo Itself and Its Unincorporated Division, Wyeth Consumer Healthcare, Fka Whitehall-Robins Healthcare Formerly Known as American Home Products Corporation, and Keva K. Alford, on Behalf of All Wrongful Death Beneficiaries of Henry Dexter, and Eddie Bullock v. Wyeth, Obo Itself and Its Unincorporated Division, Wyeth Consumer Healthcare, Fka Whitehall-Robins Healthcare Formerly Known as American Home Products Corporation, and Novartis Pharmaceuticals Corporation, Bobby Holmes v. Bayer Corporation, Melody McDaniel v. Wal-Mart Stores, Inc., Samantha Samuels v. Bayer CorporationCourt of Appeals for the Ninth Circuit · 2006
- Data Disc, Incorporated v. Systems Technology Associates, Inc.Court of Appeals for the Ninth Circuit · 1977
- American Telephone And Telegraph Company v. Winback And Conserve Program, Inc.Court of Appeals for the Third Circuit · 1994
- Haberman v. Washington Public Power Supply SystemWashington Supreme Court · 1988
- Mirkin v. WassermanCalifornia Supreme Court · 1993
81 more not listed; retrieve them via the Exa API.