Legal Opinion
United Operating Co. v. Karnes
District Court, S.D. New York
Decided January 10, 1980No. 77 Civ. 1663 (GLG)PublishedCited by 11 opinions
1Opinion of the Court
OPINION
GOETTEL, District Judge:
Plaintiff commenced this shareholders’ derivative suit on April 6,1977. The gravamen of the complaint was that the individual defendants (officers and directors of the company) had caused the Beatrice Foods Co. to give discounts to dairy customers in order to obtain their business. (Dairies are subject to regulation in some states with respect to wholesale prices.) As is customary in this type of litigation, these questionable payments had not been reported in previous 8-K statements filed by the corporation with the Securities and Exchange Commission. * The…
2Cases cited10 opinions
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
- Burks v. LaskerSupreme Court of the United States · 1979
- Lewis v. NewmanDistrict Court, S.D. New York · 1973
- Levin v. Mississippi River CorporationDistrict Court, S.D. New York · 1974
5 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Lewis v. AndersonCourt of Appeals for the Ninth Circuit · 1982
- Seinfeld v. RobinsonAppellate Division of the Supreme Court of the State of New York · 1998
- Lewis v. AndersonCourt of Appeals for the Ninth Circuit · 1982
- Mokhiber on Behalf of Ford Motor Co. v. CohnDistrict Court, S.D. New York · 1985
- In Re Marsh & McLennan Companies, Securities LitigationDistrict Court, S.D. New York · 2007
6 more not listed; retrieve them via the Exa API.