J & R MARKETING, SEP v. General Motors Corp.
Court of Appeals for the Sixth Circuit
1Opinion of the Court
SECOND AMENDED OPINION
KENNEDY, Circuit Judge.
Plaintiffs, purchasers of bonds registered by GMAC in September 2003, brought suit under Sections 11 and 12(a)(2) of the Securities Act of 1933 against GMAC and its control persons, including General Motors, which at the time wholly-owned GMAC. Plaintiffs alleged that GMAC had breached its disclosure obligations as well as made material misstatements in its registration statements and prospectuses for multiple offerings of bonds registered in 2003 and 2004. The defendants moved to dismiss the plaintiffs’ complaint for failure to state a claim. The…
2Cases cited19 opinions
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Robert D. Sprague, Plaintiffs-Appellees/cross-Appellants v. General Motors Corporation, Defendant-Appellant/cross-AppelleeCourt of Appeals for the Sixth Circuit · 1998
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- In re Porsche Cars North America, Inc.District Court, S.D. Ohio · 2012
- Corbin v. Time Warner Entertainment-Advance/Newhouse PartnershipCourt of Appeals for the Ninth Circuit · 2016
- Slater v. AG Edwards & Sons, Inc.Court of Appeals for the Tenth Circuit · 2013
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