Legal Opinion
Priest v. Zayre Corp.
District Court, D. Massachusetts
Decided January 22, 1988No. Civ. A. No. 86-2411-ZPublishedCited by 35 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
ZOBEL, District Judge.
Plaintiff, a purchaser of Zayre Corporation stock,1 alleges that the stock’s price was artificially inflated as a result of misrepresentations made by the individual defendants, who were corporate officers or directors. The amended complaint contains three counts asserting liability under federal securities law (Count I),2 and on theories of common law of fraud (Count II) and negligent misrepresentation (Count III).
The case is now before me on plaintiff’s motion for certification of a class consisting of purchasers of Zayre common stock from March…
2Cases cited19 opinions
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
- Green v. Wolf Corp.Court of Appeals for the Second Circuit · 1968
- Dura-Bilt Corp. v. Chase Manhattan Corp.District Court, S.D. New York · 1981
- Vitiello v. CicconiDistrict Court, D. New Jersey · 1984
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3Cited by35 opinions
- Wash. Mut. Bank v. Superior Court of Orange Cty.California Supreme Court · 2001
- Weatherly v. Deloitte & Touche, Texas Court of Appeals, 14th District (Houston)1995
- In Re Bank of Boston Corp. Securities LitigationDistrict Court, D. Massachusetts · 1991
- Grace v. Perception Technology Corp.District Court, D. Massachusetts · 1989
- Scholes v. Stone, McGuire & BenjaminDistrict Court, N.D. Illinois · 1992
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