Legal Opinion

Ashland, Inc. v. Oppenheimer & Co., Inc.

District Court, E.D. Kentucky

Decided February 22, 2010No. Civil Action 09-135-JBCPublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

JENNIFER B. COFFMAN, Chief Judge.

This matter is before the court on the defendant’s motion to dismiss. R. 40, 41. For the reasons discussed below, the court will grant the motion.

I. Background

The plaintiffs, Ashland Inc. and Ash-Three LLC (collectively referred to as “Ashland”), sued the defendant, Oppenheimer Inc. (“Oppenheimer”), alleging that Oppenheimer made false and misleading statements and material omissions aimed at inducing Ashland to hold and to continue to purchase “auction rate securities” (ARS) at a time when Oppenheimer knew the market for those…

2Cases cited27 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  3. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  4. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  5. Zucco Partners, LLC v. Digimarc Corp.Court of Appeals for the Ninth Circuit · 2009

22 more not listed; retrieve them via the Exa API.

3Cited by9 opinions

  1. Ashland, Inc. v. Oppenheimer & Co., Inc.Court of Appeals for the Sixth Circuit · 2011
  2. Ashland, Inc. v. MORGAN STANLEY & CO., INC.District Court, S.D. New York · 2010
  3. Clayton v. HEARTLAND RESOURCES, INC.District Court, W.D. Kentucky · 2010
  4. A.A. v. Texas Eastern Transmission, LPDistrict Court, E.D. Kentucky · 2021
  5. Baker v. Texas Eastern Transmission, LPDistrict Court, E.D. Kentucky · 2021

4 more not listed; retrieve them via the Exa API.

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