Legal Opinion

Fed. Sec. L. Rep. P 96,316 Ralph Nash and Otto G. Green v. Farmers New World Life Insurance Company and Farmers Group, Inc.

Court of Appeals for the Sixth Circuit

Decided February 8, 1978No. 76-1819PublishedCited by 22 opinions

1Opinion of the Court

CELEBREZZE, Circuit Judge.

This class action was brought by minority shareholders of the Ohio State Life Insurance Company (OSLICO) seeking damages for alleged violations of the securities laws. The District Court entered a judgment on the merits against Appellants after a bench trial.

Appellee Farmers New World Life Insurance Company (Farmers) is incorporated under the laws of the State of Washington. OSLICO is incorporated in Ohio. In 1965 Farmers purchased ninety-five percent of outstanding OSLICO shares via a tender offer. Seven years later, in 1972, Farmers decided to acquire the remaining…

2Cases cited10 opinions

  1. United States v. United States Gypsum Co.Supreme Court of the United States · 1948
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
  4. United States v. Parke, Davis & Co.Supreme Court of the United States · 1960
  5. Marsh v. Armada Corp.Court of Appeals for the Sixth Circuit · 1976

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3Cited by22 opinions

  1. Arrington v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Ninth Circuit · 1981
  2. CenterPoint Energy Houston Electric, LLC v. Gulf Coast Coalition of Cities, Texas Court of Appeals, 3rd District (Austin)2008
  3. Interfaith Community Organization Lawrence Baker Martha Webb Herring Margaret Webb Rev. Winston Clarke Margarita Navas v. Honeywell International, Inc. Formerly Known as Alliedsignal, Inc. Roned Realty of Jersey City, Inc. Roned Realty of Union City, Inc W.R. Grace & Company Ecarg, Inc W.R. Grace, Ltd. W.R. Grace & Company Ecarg, Inc W.R. Grace, Ltd., Defendants/third-Party v. Heller-Jersey City, L.L.C. Home Depot, U.S.A. Seaman Furniture Company, Inc. Third Party Hackensack Riverkeeper, Inc. William Sheehan v. Honeywell International, Inc. Formerly Known as Alliedsignal, Inc Roned Realty of Jersey City, Inc. Roned Realty of Union City, Inc. W.R. Grace, Ltd. Honeywell International, Inc.Court of Appeals for the Third Circuit · 2005
  4. Gupta v. Terra Nitrogen Corp.District Court, N.D. Ohio · 1998
  5. Fed. Sec. L. Rep. P 91,537 Helen H. Pavlidis v. New England Patriots Football Club, Inc.Court of Appeals for the First Circuit · 1984

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