Legal Opinion
Sophie Ruskay v. Chauncey L. Waddell
Court of Appeals for the Second Circuit
Decided February 17, 1977No. 213, Docket 76-7270PublishedCited by 43 opinions
1Opinion of the Court
MESKILL, Circuit Judge:
This case arises out of the sale of the stock of an investment advisory company, a class of transaction that has spawned more than its share of unusually complex litigation. The instant appeal, the latest chapter in a series of class and stockholder actions concerning a large mutual fund, is no exception.
The mutual fund in question is United Funds, Inc. (“United”). Prior to 1969, the investment advisor of United was Waddell & Reed, Inc. (“W&R”). In that year, W&R sold 97 percent of its outstanding shares to Continental Investment Corporation (“CIC”). CIC then merged W&R…
2Cases cited13 opinions
- Zenith Radio Corp. v. Hazeltine Research, Inc.Supreme Court of the United States · 1971
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
- Fed. Sec. L. Rep. P 93,093 Judah Rosenfeld, Etc. v. E. R. BlackCourt of Appeals for the Second Circuit · 1971
- Roger M. Gordon v. Vincent Youmans, Inc. And Miller Music CorporationCourt of Appeals for the Second Circuit · 1965
- ARTHUR LIPPER CORPORATION and Arthur Lipper, III, Petitioners, v. SECURITIES AND EXCHANGE COMMISSION, RespondentCourt of Appeals for the Second Circuit · 1977
8 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- Armstrong v. McAlpinCourt of Appeals for the Second Circuit · 1983
- Armstrong v. McalpinCourt of Appeals for the Second Circuit · 1983
- Newburger, Loeb & Co. v. GrossCourt of Appeals for the Second Circuit · 1977
- Shlensky v. DorseyCourt of Appeals for the Third Circuit · 1978
- Fed. Sec. L. Rep. P 99,484 John F. Maher v. Zapata Corporation v. William Maldonado, Objector-AppellantCourt of Appeals for the Fifth Circuit · 1983
38 more not listed; retrieve them via the Exa API.