Legal Opinion
Sharp v. Coopers & Lybrand
District Court, E.D. Pennsylvania
Decided June 11, 1980No. Civ. A. 75-1313PublishedCited by 3 opinions
1Opinion of the Court
OPINION
JOSEPH S. LORD, III, Chief Judge.
In this section 10(b) securities fraud class action suit, juries have found the defendant accounting firm liable for material misrepresentations and omissions in an opinion letter used as a selling device for oil well investments, 1 and have assessed the worth of the oil wells at the time of purchase in 1971. 2 Three post trial matters must be resolved in order to mold the verdicts for plaintiffs Stanley Sharp, H. James Conaway, Jr., and Sam Geftic in accordance with the jury’s findings: the appropriateness of an award of prejudgment interest, the…
2Cases cited17 opinions
- John B. Janigan v. Frederick B. TaylorCourt of Appeals for the First Circuit · 1965
- Blau v. LehmanSupreme Court of the United States · 1962
- Fed. Sec. L. Rep. P 95,512 Marvyn Gould, of the Estate of J. Donald Rogasner, in No. 75-1338. v. American-Hawaiian Steamship Company, Cross-AppellantsCourt of Appeals for the Third Circuit · 1976
- Fed. Sec. L. Rep. P 93,949 J. William Wolf, Plaintiffs-Appellants-Cross v. Robert R. Frank, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1973
- Sigafus v. PorterSupreme Court of the United States · 1900
12 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- SHARP, Stanley L. v. COOPERS & LYBRAND, AppellantCourt of Appeals for the Third Circuit · 1981
- Fickinger v. C.I. Planning Corp.District Court, E.D. Pennsylvania · 1982
- State of Ohio v. CroftersDistrict Court, S.D. Ohio · 1981