Legal Opinion
Morales v. New Valley Corp.
District Court, S.D. New York
Decided March 20, 1998No. 95 Civ. 1246(CSH)PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HAIGHT, Senior District Judge.
Plaintiff Richard Morales brings this action pursuant to section 16(b) of the Securities Exchange Act of 1934 (the “1934 Act”), 15 U.S.C. § 78p(b), seeking the disgorgement of short-swing profits earned in transactions in Class B cumulative convertible preferred stock (“B Preferred”) of New Valley Corporation. Defendants Harry I. Freund and Jay S. Goldsmith move for summary judgment pursuant to Rule 56, Fed. R.Civ.P., and Morales cross-moves for summary judgment.
Background
Many of the facts of this case are set out in the prior opinions…
2Cases cited11 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
- Fed. Sec. L. Rep. P 98,731 Arnold S. Wellman v. Fairleigh S. Dickinson, Jr.Court of Appeals for the Second Circuit · 1982
6 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Richard Morales v. Quintel Entertainment, Inc. And Peter StolzCourt of Appeals for the Second Circuit · 2001
- Morales v. FreundCourt of Appeals for the Second Circuit · 1999
- Lerner Ex Rel. EA Industries, Inc. v. Millenco, L.P.District Court, S.D. New York · 1998
- Lowinger v. Morgan Stanley & Co. LLCDistrict Court, S.D. New York · 2014
- Donoghue v. Natural Microsystems Corp.District Court, S.D. New York · 2002
2 more not listed; retrieve them via the Exa API.