Legal Opinion

Murphy v. Sofamor Danek Group, Inc.

Court of Appeals for the Sixth Circuit

Decided August 14, 1997No. Nos. 95-6491, 95-6592PublishedCited by 21 opinions

1Opinion of the Court

OPINION

DAVID A. NELSON, Circuit Judge.

This is an appeal from the dismissal of five consolidated securities fraud cases. The plaintiffs — each of whom in 1993 and/or 1994 made one or two purchases of between 100 and 500 shares of common stock in the defendant corporation — allege that they and members of a shareholder class they purport to represent paid inflated prices for their stock because the company and its officers and directors publicly misrepresented the company’s marketing practices and failed to disclose (1) that medical devices manufactured by the company were being promoted for a…

2Cases cited24 opinions

  1. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  2. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  3. Carolyn Morgan v. Church's Fried ChickenCourt of Appeals for the Sixth Circuit · 1987
  4. San Leandro Emergency Medical Group Profit Sharing Plan v. Philip Morris Companies, Inc.Court of Appeals for the Second Circuit · 1996
  5. Gilbert Roeder, Etc. v. Alpha Industries, Inc.Court of Appeals for the First Circuit · 1987

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3Cited by21 opinions

  1. Helwig v. Vencor, Inc.Court of Appeals for the Sixth Circuit · 2001
  2. Fed. Sec. L. Rep. P 99,510 in Re Sofamor Danek Group, Inc. Bruce G. Murphy, Randy Owen, Mary Kennedy, and Lynda Kramer, Mike Roberts v. Sofamor Danek Group, Inc., E. Ron Pickard, Laurence Y. Fairey, Leander D. Beard, George F. Rapp, Miles D. Igo, Alan J. Olsen, Yves Paul Cotrel, and Phillipe CotrelCourt of Appeals for the Sixth Circuit · 1997
  3. In Re Cardinal Health Inc. Securities LitigationsDistrict Court, S.D. Ohio · 2006
  4. In Re Cardinal Health, Inc. ERISA LitigationDistrict Court, S.D. Ohio · 2006
  5. Cupp v. Alberto-Culver USA, Inc.District Court, W.D. Tennessee · 2004

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