Werner v. Werner
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
ROSENN, Circuit Judge.
The primary issue in this appeal raises important questions pertaining to the failure to disclose material corporate information as required by federal securities law in a corporation’s repurchase of its capital stock. The Werner Company (“the Company”), founded by three brothers, was the largest manufacturer and marketer of ladders and other climbing products in the United States. The plaintiffs are the Anne Werner Estate, the Elizabeth Werner Trust, and other members of the Werner family and their representatives who, at all relevant times, were…
2Cases cited20 opinions
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