Legal Opinion
Financial Security Assurance, Inc. v. Stephens, Inc.
Court of Appeals for the Eleventh Circuit
Decided May 31, 2006No. 04-14894PublishedCited by 26 opinions
1Opinion of the Court
KRAVITCH, Circuit Judge:
The primary issue presented in this case is whether an insurer of municipal bonds that becomes the owner of those bonds upon default has standing pursuant to § 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated *1260thereunder, 17 C.F.R. § 240.10b-5. The plaintiff, Financial Security Assurance, Inc. (“FSA”), appeals the district court’s orders dismissing its Rule 10b-5 claim and granting summary judgment in favor of defendants Stephens, Inc. (“Stephens”) and Hayes, James & Associates, Inc. (“Hayes James”) on its…
2Cases cited35 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
30 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Financial SEC. Assur., Inc. v. Stephens, Inc.Court of Appeals for the Eleventh Circuit · 2007
- Eagle Hospital Physicians, LLC v. SRG Consulting, Inc.Court of Appeals for the Eleventh Circuit · 2009
- Lessie Anderson v. Cagle's, Inc.Court of Appeals for the Eleventh Circuit · 2007
- Betz v. Trainer Wortham & Co., Inc.Court of Appeals for the Ninth Circuit · 2007
- Boim v. Fulton County School DistrictCourt of Appeals for the Eleventh Circuit · 2007
21 more not listed; retrieve them via the Exa API.