Legal Opinion
Mann v. Oppenheimer & Co.
Supreme Court of Delaware
Decided October 30, 1986No. 154, 1985PublishedCited by 45 opinions
1Opinion of the Court
MOORE, Justice:
In this class action charging the defendant Oppenheimer and Company (“Oppenheimer” or “the Company”) with fraud in the exchange of its 18% Volume-Indexed Debentures (the debentures), the plaintiffs Sylvia Martin Mann and R. Allan Martin appeal a decision of the Court of Chancery granting summary judgment to Oppenheimer. The complaint alleges that Oppen heimer violated Sections 12(2) and 17(a) of the Securities Act of 1933 (the Securities Act), 1 and committed common law fraud in its offer to exchange the debentures for new 12.75% subordinated bonds. The Court of Chancery…
2Cases cited40 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
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3Cited by45 opinions
- In Re General Motors (Hughes) Shareholder LitigationSupreme Court of Delaware · 2006
- Emerald Partners v. BerlinSupreme Court of Delaware · 1999
- In Re Santa Fe Pacific Corp. Shareholder LitigationSupreme Court of Delaware · 1995
- Appriva Shareholder Litigation Co. v. Ev3, Inc.Supreme Court of Delaware · 2007
- In Re Tri-Star Pictures, Inc., LitigationSupreme Court of Delaware · 1993
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