Legal Opinion

Kay v. Scientex Corp.

Court of Appeals for the Ninth Circuit

Decided November 1, 1983No. Nos. 82-6035, 82-6047PublishedCited by 10 opinions

1Opinion of the Court

OPINION

Appeal from the United States District Court for the Central District of California.

Before SKOPIL and FARRIS, Circuit Judges, and CROCKER,* District Judge. SKOPIL, Circuit Judge:

INTRODUCTION

Harry Kay (“Kay”) acquired majority ownership of ScienTex Corporation (“ScienTex”) through stock acquisitions in 1975 and thereafter became a corporate officer and director. He was an insider for purposes of section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p.1

Kay acquired and sold additional stock during a six month period in 1979 and 1980. ScienTex sought Kay’s short-swing…

2Cases cited16 opinions

  1. Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
  2. Whittaker v. Whittaker Corp.Court of Appeals for the Ninth Circuit · 1981
  3. Fed. Sec. L. Rep. P 94,924 American Standard, Inc. v. Crane Co., and Third-Party v. Edward J. Hanley, Third-PartyCourt of Appeals for the Second Circuit · 1975
  4. Isadore Blau v. Max Factor & CompanyCourt of Appeals for the Ninth Circuit · 1965
  5. Blau v. FactorSupreme Court of the United States · 1965

11 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. Strom v. United StatesCourt of Appeals for the Ninth Circuit · 2011
  2. Rosenberg v. XO Communications, Inc. (In Re XO Communications, Inc.)United States Bankruptcy Court, S.D. New York · 2005
  3. Fed. Sec. L. Rep. P 99,700 Gordon Gund, Cross-Appellant v. First Florida Banks, Inc., Formerly, First Financial Corporation, Cross-AppelleeCourt of Appeals for the First Circuit · 1984
  4. Dreiling Ex Rel. Infospace, Inc. v. JainDistrict Court, W.D. Washington · 2003
  5. Dreiling Ex Rel. Infospace, Inc. v. KellettDistrict Court, W.D. Washington · 2003

5 more not listed; retrieve them via the Exa API.

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