Legal Opinion
Fed. Sec. L. Rep. P 93,449 Nicholas Jannes v. Microwave Communications, Inc.
Court of Appeals for the Seventh Circuit
Decided May 24, 1972No. 71-1369PublishedCited by 19 opinions
1Opinion of the Court
SPRECHER, Circuit. Judge.
We are required to evaluate the effect of Superintendent of Insurance v. Bankers Life and Casualty Co., 404 U.S. 6, 92 S.Ct. 165, 30 L.Ed.2d 128 (1971), upon the earlier dismissal of this Rule 10b-5 case, which was pending here on appeal when Bankers Life was announced by the Supreme Court.
The plaintiffs, shareholders of Microwave Communications, Inc., an Illinois corporation (“MCI”), brought a derivative action on behalf of the corporation for damage allegedly sustained by it as a result of charged violations of section 10(b) of the Securities Exchange Act of 1934…
2Cases cited10 opinions
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
- Surowitz v. Hilton Hotels Corp.Supreme Court of the United States · 1966
- Perry O. Hooper, as Trustee in Bankruptcy of Consolidated American Industries, Inc. v. Mountain States Securities CorporationCourt of Appeals for the Fifth Circuit · 1960
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
5 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
- Goldberg v. MeridorCourt of Appeals for the Second Circuit · 1977
- United States v. James Mitchell NewmanCourt of Appeals for the Second Circuit · 1981
- Fed. Sec. L. Rep. P 93,718 Glen J. Travis v. Anthes Imperial LimitedCourt of Appeals for the Eighth Circuit · 1973
- United States v. David Carpenter, Kenneth P. Felis, and R. Foster WinansCourt of Appeals for the Second Circuit · 1986
14 more not listed; retrieve them via the Exa API.