Legal Opinion
Premium Plus Partners, L.P. v. Goldman, Sachs & Co.
Court of Appeals for the Seventh Circuit
Decided August 5, 2011No. 09-4010, 10-1118, 10-1119PublishedCited by 14 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Attending a meeting at the Treasury Department on October 31, 2001, Peter J. Davis, Jr., learned that the government was suspending the sale of new 30-year bonds. The meeting ended at 9:25 am; attendees were told that the information was embargoed until 10 am, when the news would be announced to the public. Defying the embargo, Davis swiftly passed the information to some of his clients, including John M. Youngdahl, an economist who worked for Goldman Sachs. Youngdahl relayed the information to Goldman Sachs’s traders, who at 9:35 am began to buy futures contracts for…
2Cases cited26 opinions
- Wal-Mart Stores, Inc. v. DukesSupreme Court of the United States · 2011
- Lewis v. Continental Bank Corp.Supreme Court of the United States · 1990
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
- United States Parole Commission v. GeraghtySupreme Court of the United States · 1980
21 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- In re Niaspan Antitrust LitigationDistrict Court, E.D. Pennsylvania · 2014
- Aaron Espenscheid v. DirectSat USA, LLCCourt of Appeals for the Seventh Circuit · 2012
- In re Libor-Based Financial Instruments Antitrust LitigationDistrict Court, S.D. New York · 2013
- Ploss v. Kraft Foods Group, Inc.District Court, N.D. Illinois · 2016
- U.S. Commodity Futures Trading Commission v. Kraft Foods Group, Inc.District Court, N.D. Illinois · 2015
9 more not listed; retrieve them via the Exa API.