Legal Opinion
Margaret Morgan v. Walter G. Koch, Ivan H. Morgan, Morgan Packing Co., Inc., Herman C. Krannert and Inland Container Corp.
Court of Appeals for the Seventh Circuit
Decided December 29, 1969No. 17447PublishedCited by 124 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
This action was for violation of Section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j (b)) and SEC Rule 10b-5 and for fraud under the common law of Indiana. The only question we find necessary to decide is whether the action is barred by the Indiana 6-year statute of limitations governing suits for fraud.
In the original complaint, the plaintiff sought rescission of the sale of her stock in defendant Morgan Packing Co., Inc. to Walter G. Koch. She also sought damages of $1,337,500 (including exemplary damages), claiming that she sold her stock at $90…
2Cases cited22 opinions
- Holmberg v. ArmbrechtSupreme Court of the United States · 1946
- International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966
- Bailey v. GloverSupreme Court of the United States · 1875
- Wood v. CarpenterSupreme Court of the United States · 1879
- Oscanyan v. Arms Co.Supreme Court of the United States · 1881
17 more not listed; retrieve them via the Exa API.
3Cited by124 opinions
- Armstrong v. McAlpinCourt of Appeals for the Second Circuit · 1983
- In Re Beef Industry Antitrust Litigation, Mdl Docket No. 248. Pony Creek Cattle Co., Inc., Musselman Ranch Co., Etc., Plaintiffs-Intervenors-Appellants v. The Great Atlantic & Pacific Tea Co., R. Dirk Agee v. Safeway Stores, Inc., Meat Price Investigators Association, Etc. v. Safeway Stores, Inc., Richard S. Lowe v. Safeway Stores, Inc., A. L. Black v. Albertson's, Inc., (Two Cases). Chaparral Cattle Corp. v. Safeway Stores, Inc., Burke Petersen v. Safeway Stores, Inc., Ronald Becker, on Behalf of Themselves and All Other Persons Similarlysituated v. Safeway Stores, Inc., John O. Varian v. Safeway Stores, Inc., Meat Price Investigators Association v. Safeway Stores, Inc., Etc., Little Ranch Co., Inc. v. The National Association of Food Chains, Etc., Ronald Becker, on Behalf of Themselves and All Other Persons Similarlysituated v. Safeway Stores, Inc., Etc.Court of Appeals for the Fifth Circuit · 1979
- Fed. Sec. L. Rep. P 96,366 Benjamin A. Cook v. Avien, Inc., James F. Pritchard, Benjamin A. Cook v. Avien, Inc.Court of Appeals for the First Circuit · 1978
- Fed. Sec. L. Rep. P 94,975 Michelle K. Tomera, on Behalf of Herself and All Others Similarly Situated v. Arthur T. Galt, Jr.Court of Appeals for the Seventh Circuit · 1975
- Fed. Sec. L. Rep. P 95,865 James Arneil and Vernon A. Stockwell v. James B. Ramsey, Jr.Court of Appeals for the Second Circuit · 1977
119 more not listed; retrieve them via the Exa API.