Legal Opinion
Fed. Sec. L. Rep. P 94,473 Maurice Shapiro v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
Court of Appeals for the Second Circuit
Decided April 3, 1974No. 270, Docket 73-1677PublishedCited by 185 opinions
1Opinion of the Court
TIMBERS, Circuit Judge:
This appeal presents important questions, some of first impression, involving the scope of the antifraud provisions of the federal securities laws in their application to transactions on a national securities exchange when material inside information has not been disclosed.
Specifically, the questions presented are (1) whether Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 were violated by a prospective managing underwriter of a debenture issue and the underwriter’s officers, directors and employees when they divulged material inside information to…
2Cases cited24 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Wilko v. SwanSupreme Court of the United States · 1953
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
19 more not listed; retrieve them via the Exa API.
3Cited by185 opinions
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
- Fed. Sec. L. Rep. P 98,755, Fed. Sec. L. Rep. P 99,074 William B. Weinberger v. James C. Kendrick, Charles M. CoyneCourt of Appeals for the Second Circuit · 1983
- Dirks v. Securities & Exchange CommissionSupreme Court of the United States · 1983
180 more not listed; retrieve them via the Exa API.