Legal Opinion
Lockheed Aircraft Corp. v. Campbell
District Court, S.D. California
Decided February 24, 1953No. 14610PublishedCited by 7 opinions
1Opinion of the Court
YANKWICH, Chief Judge.
By this action the plaintiff, Lockheed Aircraft Corporation, a corporation, to be referred to as “Lockheed”, seeks to recover profits realized by one of its officers in a “short-swing” transaction in its corporate stock, under Section 16(b) of the Securities and Exchange Act of 1934, 15 U.S.C.A. § 78P(b).
The complaint sets forth the transaction ‘ with brevity. On June 7, 1951, the defend ■ant, H. R. Campbell, sold 600 shares of the capital stock of Lockheed that were ■owned by him, and on about June 16, 1951, ■he sold an additional 100 of such shares. Within six months…
2Cases cited10 opinions
- United States v. American Trucking AssociationsSupreme Court of the United States · 1940
- American Power & Light Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1946
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Colby v. KluneCourt of Appeals for the Second Circuit · 1949
- Gratz v. ClaughtonCourt of Appeals for the Second Circuit · 1951
5 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Schimmel v. Samuel H. Goldman & Banner Industries, Inc.District Court, S.D. New York · 1973
- Fed. Sec. L. Rep. P 96,310 Merrill Lynch, Pierce, Fenner & Smith, Inc. v. William G. LivingstonCourt of Appeals for the Ninth Circuit · 1978
- Harold E. MacDonald and Marian B. MacDonald v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1956
- Rediker v. Geon Industries, Inc.District Court, S.D. New York · 1978
- Fed. Sec. L. Rep. P 94,186 Betty L. Gold, on Behalf of the Susquehanna Corporation v. Arthur W. Sloan and Glenn L. Sloane, Securities and Exchange Commission, Amicus Curiae. Betty L. Gold, on Behalf of the Susquehanna Corporation v. Keith E. Rumbel, Securities and Exchange Commission, Amicus Curiae. Betty L. Gold, on Behalf of the Susquehanna Corporation v. Arch C. Scurlock, Securities and Exchange Commission, Amicus CuriaeCourt of Appeals for the Fourth Circuit · 1974
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