Legal Opinion
Chelsea Associates v. Rapanos
District Court, E.D. Michigan
Decided May 10, 1974No. Civ. A. 34565PublishedCited by 9 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
JOINER, District Judge.
Plaintiff, Chelsea Associates, has instituted this action charging each of the named defendants with violations of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) and Rule 10b-5 (17 C.F.R. 240.10b-5), promulgated thereunder by the Commission. 1
In simplest terms, this action arises out of the sale by the named defendants of a certain amount of stock in Aseco, Inc. (hereinafter referred to as “Aseco”), a Michigan corporation, to the plaintiff on October 4, 1968. 2 On that date the plaintiff paid a total price of $44.00…
2Cases cited29 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Costello v. United StatesSupreme Court of the United States · 1961
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Myzel v. FieldsCourt of Appeals for the Eighth Circuit · 1967
- Leo Vine v. Beneficial Finance Company, Inc., and Charles H. Dowd, Stuart A. Wixson, George J. Springer, C. H. Donohue and Crown Finance Company, Inc.Court of Appeals for the Second Circuit · 1967
24 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Fed. Sec. L. Rep. P 95,374 Chelsea Associates, a Tennessee Partnership v. John A. RapanosCourt of Appeals for the Sixth Circuit · 1975
- Goodman v. PolandDistrict Court, D. Maryland · 1975
- Gannett Co., Inc. v. Register Pub. Co.District Court, D. Connecticut · 1977
- Black v. RIKER-MAXSON CORPORATIONDistrict Court, S.D. New York · 1975
- Securities & Exchange Commission v. BollaDistrict Court, District of Columbia · 2005
4 more not listed; retrieve them via the Exa API.