Legal Opinion

State Teachers Retirement Board v. Fluor Corp.

District Court, S.D. New York

Decided March 28, 1980No. 76 Civ. 2135 (RWS)PublishedCited by 32 opinions

1Opinion of the Court

OPINION

SWEET, District Judge.

This is a class action for damages brought by State Teachers Retirement Board (“State Teachers”), a public pension fund, against the Fluor Corporation (“Fluor”), for material nondisclosures about a major contract in violation of § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) and Rule 10b-5, 17 C.F.R. § 240.10b-5. Plaintiff also seeks to recover damages from Manufacturers Hanover Trust Company (“Manufacturers”) for allegedly purchasing Fluor stock without disclosing that it had material inside information about this contract.

Three years after…

2Cases cited74 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  4. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  5. Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979

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

3Cited by32 opinions

  1. Fed. Sec. L. Rep. P 98,005 State Teachers Retirement Board v. Fluor Corporation and Manufacturers Hanover Trust Company, DefendantsCourt of Appeals for the Second Circuit · 1981
  2. National Westminster Bank, U.S.A. v. RossDistrict Court, S.D. New York · 1991
  3. Staffin v. GreenbergCourt of Appeals for the Third Circuit · 1982
  4. Dubowski v. AshDistrict Court, S.D. New York · 1985
  5. City of Harrisburg v. Bradford Trust Co.District Court, M.D. Pennsylvania · 1985

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

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