Legal Opinion
Marsh v. Armada Corp.
Court of Appeals for the Sixth Circuit
Decided April 5, 1976No. 75-1885PublishedCited by 42 opinions
1Opinion of the Court
WEICK, Circuit Judge.
This action is one of an increasing number of lawsuits in which minority shareholders, dissatisfied with the merger terms under which their stock is to be converted into cash or stock of the controlling corporation, seek a federal remedy by alleging violations of Section 10(b) of the Securities Act of 1934 (hereinafter Exchange Act) and Rule 10b-5 promulgated thereunder.1
A common feature in this type of lawsuit is what is in reality a state law claim for unfairness or breach of fiduciary duty on the part of corporate officers and directors. Also common to this type of…
2Cases cited17 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Securities & Exchange Commission v. National Securities, Inc.Supreme Court of the United States · 1969
- Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
12 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Robert Garfield v. NDCHealth CorporationCourt of Appeals for the Eleventh Circuit · 2006
- Fed. Sec. L. Rep. P 96,861 Gerald Mansbach v. Prescott, Ball & TurbenCourt of Appeals for the Sixth Circuit · 1979
- Herm v. StaffordCourt of Appeals for the Sixth Circuit · 1981
- Fed. Sec. L. Rep. P 97,346 Robert L. Alley, Cross-Appellee v. Louis Miramon, Jr., Cross-AppellantsCourt of Appeals for the Fifth Circuit · 1980
- Biechele v. Cedar Point, Inc.Court of Appeals for the Sixth Circuit · 1984
37 more not listed; retrieve them via the Exa API.