Cannon v. US Acoustics Corporation
District Court, N.D. Illinois
1Opinion of the Court
OPINION
MARSHALL, District Judge.
Charles B. Cannon, Richard L. Davis, John G. Marsh, and Jeffrey Ross brought this derivative shareholder’s action, as well as personal claims, against the defendants, U.S. Acoustics Corporation (hereinafter “Acoustics”), a Florida corporation, and National Perlite Products, S.A., (hereinafter “Perlite”), a Panamanian Corporation. 1 The six-count complaint alleges violations of the Securities Exchange Act of 1934, 15 U. S.C. § 78a et seq., and the common and statutory laws of Florida and Illinois. Jurisdiction of the federal claims exists under 28 U.S.C. § 1331…
2Cases cited48 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Ross v. BernhardSupreme Court of the United States · 1969
- Smith v. SperlingSupreme Court of the United States · 1957
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3Cited by67 opinions
- Alfred B. Freeman v. Chicago Musical Instrument Co.Court of Appeals for the Seventh Circuit · 1982
- Analytica, Incorporated v. Npd Research, Inc., Defendant-Cross-Appellant-Cross-Appellee. Appeals of Schwartz & Freeman and Pressman and Hartunian ChtdCourt of Appeals for the Seventh Circuit · 1983
- Lasalle National Bank and Lake Properties Venture v. County of Lake and the Village of GrayslakeCourt of Appeals for the Seventh Circuit · 1983
- Westinghouse Electric Corporation v. Gulf Oil Corporation, and United Nuclear CorporationCourt of Appeals for the Seventh Circuit · 1978
- Dr. Ing. Max Schloetter v. Railoc of Indiana, Inc.Court of Appeals for the Seventh Circuit · 1976
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