Legal Opinion
Wright v. Heizer Corp.
Court of Appeals for the Seventh Circuit
Decided June 30, 1977No. Nos. 76-1140, 76-1700, 76-1701 and 76-1702PublishedCited by 58 opinions
1Opinion of the Court
TONE, Circuit Judge.
These consolidated appeals arising out of a single case present issues under § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j, and Rule 10b-5 thereunder. Both plaintiffs join in a shareholders’ derivative claim, asserting that the dominant shareholder defrauded the corporation in a series of five securities transactions. In addition, one of the plaintiffs asserts a claim against the corporation itself, alleging that false representations by one of the corporation’s officers induced that plaintiff to convert a debenture into common stock.
I
The Derivative Claim
A…
2Cases cited35 opinions
- Dandridge v. WilliamsSupreme Court of the United States · 1970
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
30 more not listed; retrieve them via the Exa API.
3Cited by58 opinions
- SHARP, Stanley L. v. COOPERS & LYBRAND, AppellantCourt of Appeals for the Third Circuit · 1981
- Fed. Sec. L. Rep. P 96,780 Harold J. O'Brien v. Continental Illinois National Bank and Trust Company of Chicago, a National Banking AssociationCourt of Appeals for the Seventh Circuit · 1979
- Fed. Sec. L. Rep. P 96,500 David L. Goodman v. Sidney EpsteinCourt of Appeals for the Seventh Circuit · 1978
- Fed. Sec. L. Rep. P 97,192 Alabama Farm Bureau Mutual Casualty Company, Inc., Etc. v. American Fidelity Life Insurance Company, Etc.Court of Appeals for the Fifth Circuit · 1980
- Michaels v. MichaelsCourt of Appeals for the Seventh Circuit · 1985
53 more not listed; retrieve them via the Exa API.