Legal Opinion
Blue Sky L. Rep. P 70,731 David B. Charney, Allen J. Kraft, Harris J. Klein and Charles N. Maybruck v. Donald D. Thomas, Ira A. Lutz and Loyd Gibson
Court of Appeals for the Sixth Circuit
Decided February 17, 1967No. 16783PublishedCited by 80 opinions
1Opinion of the Court
WEICK, Chief Judge.
In August, 1959, the plaintiffs purchased 78,000 shares of common stock in the Clinton Engines Corporation, a Michigan corporation, from the defendants. Shortly thereafter plaintiffs added to their Clinton holdings by purchasing approximately 21,000 additional shares on the open market. These purchases followed a protracted period of financial investigation and negotiations during which the defendants, who were operating officers of the corporation as well as controlling shareholders, delivered financial statements of the corporation to the plaintiffs and discussed the…
2Cases cited12 opinions
- International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966
- Chattanooga Foundry & Pipe Works v. City of AtlantaSupreme Court of the United States · 1906
- John B. Janigan v. Frederick B. TaylorCourt of Appeals for the First Circuit · 1965
- Campbell v. HaverhillSupreme Court of the United States · 1895
- Fratt v. RobinsonCourt of Appeals for the Ninth Circuit · 1953
7 more not listed; retrieve them via the Exa API.
3Cited by80 opinions
- Globus v. Law Research Service, Inc.Court of Appeals for the Second Circuit · 1969
- Fed. Sec. L. Rep. P 94,975 Michelle K. Tomera, on Behalf of Herself and All Others Similarly Situated v. Arthur T. Galt, Jr.Court of Appeals for the Seventh Circuit · 1975
- Blue Sky L. Rep. P 71,586, Fed. Sec. L. Rep. P 97,632 Joseph A. Carothers v. W. Thomas RiceCourt of Appeals for the Sixth Circuit · 1980
- Vanderboom v. SextonCourt of Appeals for the Eighth Circuit · 1970
- Herm v. StaffordCourt of Appeals for the Sixth Circuit · 1981
75 more not listed; retrieve them via the Exa API.