Ashland, Inc. v. Oppenheimer & Co., Inc.
District Court, E.D. Kentucky
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
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- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Zucco Partners, LLC v. Digimarc Corp.Court of Appeals for the Ninth Circuit · 2009
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3Cited by9 opinions
- Ashland, Inc. v. Oppenheimer & Co., Inc.Court of Appeals for the Sixth Circuit · 2011
- Ashland, Inc. v. MORGAN STANLEY & CO., INC.District Court, S.D. New York · 2010
- Clayton v. HEARTLAND RESOURCES, INC.District Court, W.D. Kentucky · 2010
- A.A. v. Texas Eastern Transmission, LPDistrict Court, E.D. Kentucky · 2021
- Baker v. Texas Eastern Transmission, LPDistrict Court, E.D. Kentucky · 2021
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